SAF-Holland SE (OTCMKTS:SFHLF) Sees Large Increase in Short Interest

SAF-Holland SE (OTCMKTS:SFHLF) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 4,219 shares, an increase of 212.3% from the August 31st total of 1,351 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SAF-Holland in a report on Friday, August 7th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

SAF-Holland Price Performance

OTCMKTS:SFHLF remained flat at C$18.11 during trading hours on Friday. The stock has a fifty day moving average of C$18.41 and a 200-day moving average of C$18.71. SAF-Holland has a 1-year low of C$16.45 and a 1-year high of C$18.86.

SAF-Holland Company Profile

SAF-Holland SE is a Germany-based manufacturer of components and systems for commercial vehicles. The company supplies equipment used in trucks, trailers, buses and other heavy-duty transportation applications, with products designed to support vehicle mobility, load handling, safety and operating efficiency.

Its product portfolio includes trailer and truck axles, suspension systems, fifth-wheel couplings, kingpins, landing legs and other coupling and connection components. SAF-Holland also offers related replacement parts, service solutions and technologies for commercial vehicle fleets and manufacturers.

The company was formed in 2006 through the combination of SAF, a German trailer-axle manufacturer, and Holland Group, a North American producer of fifth-wheel and coupling systems.