Short Interest in AB SKF (publ) (OTCMKTS:SKUFF) Grows By 61.0%

AB SKF (publ) (OTCMKTS:SKUFF) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 1,766,900 shares, an increase of 61.0% from the March 31st total of 1,097,200 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is presently 453.1 days.

AB SKF (publ) Stock Performance

Shares of SKUFF stock remained flat at $20.55 during mid-day trading on Friday. The company’s stock had a trading volume of 12 shares, compared to its average volume of 4,155. The firm’s 50-day moving average price is $21.26 and its two-hundred day moving average price is $19.10. AB SKF has a 12 month low of $15.85 and a 12 month high of $22.60.

About AB SKF (publ)

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.