Safran SA (OTCMKTS:SAFRY) Short Interest Down 26.6% in December

Safran SA (OTCMKTS:SAFRY) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 30,700 shares, a decrease of 26.6% from the December 15th total of 41,800 shares. Based on an average trading volume of 248,700 shares, the short-interest ratio is currently 0.1 days.

Safran Trading Up 1.0 %

Shares of OTCMKTS SAFRY traded up $0.59 during midday trading on Friday, reaching $58.30. 99,336 shares of the stock were exchanged, compared to its average volume of 146,991. The stock has a 50 day moving average price of $56.33 and a 200-day moving average price of $55.85. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.61 and a current ratio of 0.88. Safran has a 52-week low of $45.57 and a 52-week high of $60.57.

Analyst Ratings Changes

Separately, Morgan Stanley cut Safran from an “overweight” rating to an “equal weight” rating in a research report on Thursday.

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.