Safran SA (OTCMKTS:SAFRY) Short Interest Update

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

Safran Stock Performance

Shares of Safran stock traded down $0.14 on Wednesday, hitting $57.14. The company had a trading volume of 126,230 shares, compared to its average volume of 151,866. Safran has a twelve month low of $45.06 and a twelve month high of $60.57. The company has a quick ratio of 0.61, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. The stock has a 50-day moving average of $56.42 and a 200-day moving average of $55.82.

About Safran

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.