Schindler Holding AG (OTCMKTS:SHLAF) Sees Significant Decrease in Short Interest

Schindler Holding AG (OTCMKTS:SHLAF) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 97,900 shares, a decline of 63.0% from the February 28th total of 264,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 979.0 days.

Schindler Stock Performance

Shares of SHLAF remained flat at $325.84 during midday trading on Friday. Schindler has a 1 year low of $238.15 and a 1 year high of $330.61. The firm’s fifty day simple moving average is $294.82 and its 200 day simple moving average is $288.53.

Schindler Company Profile

Schindler Holding AG engages in the production, installation, maintenance, and modernization of elevators, escalators, and moving walks worldwide. It offers Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; Schindler Ahead AdScreen that delivers messages on a special screen inside the elevator; and Schindler Ahead MediaScreen, an in-car media solution for elevators.