Short Interest in Schaeffler AG (OTCMKTS:SFFLY) Expands By ∞

Schaeffler AG (OTCMKTS:SFFLY) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 5,852 shares, a growth of ∞ from the April 15th total of 0 shares. Based on an average trading volume of 12,969 shares, the days-to-cover ratio is presently 0.5 days.

Schaeffler Stock Performance

Shares of OTCMKTS:SFFLY traded down $0.65 during mid-day trading on Monday, hitting $10.85. The company had a trading volume of 4,662 shares, compared to its average volume of 6,530. The firm has a fifty day moving average price of $9.22 and a 200 day moving average price of $9.87. Schaeffler has a one year low of $4.71 and a one year high of $14.44.

Schaeffler Company Profile

Schaeffler AG, trading in the United States under the symbol SFFLY, is a global provider of precision components and systems for the automotive, aerospace and industrial sectors. The company’s core offerings include rolling element bearings, plain bearings, linear products, engine and transmission components, as well as solutions for e-mobility and electric drive systems. Schaeffler serves customers across the original equipment and aftermarket segments, supporting manufacturers with both standard products and bespoke engineering services.

In the automotive sector, Schaeffler’s product portfolio covers engine timing systems, valve train components, clutches, transmissions and high-performance bearings designed to enhance fuel efficiency, reduce emissions and increase durability.