Safran SA (OTCMKTS:SAFRY) Short Interest Update

Safran SA (OTCMKTS:SAFRY) was the target of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 78,400 shares, a decrease of 40.0% from the January 31st total of 130,600 shares. Based on an average daily volume of 479,900 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Morgan Stanley downgraded shares of Safran from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 16th.

Safran Trading Up 2.8 %

Shares of SAFRY stock traded up $1.83 during trading hours on Friday, hitting $66.19. 560,693 shares of the company were exchanged, compared to its average volume of 330,872. Safran has a fifty-two week low of $51.02 and a fifty-two week high of $66.37. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.61 and a current ratio of 0.88. The company has a 50 day simple moving average of $60.04 and a two-hundred day simple moving average of $57.75.

Safran Company Profile

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.