AB SKF (publ) (OTCMKTS:SKUFF) Short Interest Update

AB SKF (publ) (OTCMKTS:SKUFF) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 897,600 shares, a drop of 24.4% from the August 15th total of 1,187,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 8,976.0 days.

AB SKF (publ) Stock Performance

AB SKF (publ) stock opened at $17.50 on Monday. AB SKF has a twelve month low of $15.97 and a twelve month high of $22.60. The company’s 50-day moving average price is $19.10 and its 200-day moving average price is $20.71.

AB SKF (publ) Company Profile

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.