Short Interest in SFS Group AG (OTCMKTS:SFSLF) Grows By 151.9%

SFS Group AG (OTCMKTS:SFSLF) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 3,826 shares, a growth of 151.9% from the July 30th total of 1,519 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Wall Street Analysts Forecast Growth

Separately, UBS Group cut SFS Group from a “buy” rating to a “neutral” rating in a research report on Friday, July 24th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, SFS Group has an average rating of “Hold”.

SFS Group Stock Performance

SFSLF stock opened at $112.80 on Friday. The company has a fifty day moving average price of $112.80 and a 200 day moving average price of $112.80. SFS Group has a 12 month low of $112.80 and a 12 month high of $112.80.

About SFS Group

SFS Group is a global provider of precision components, fastening systems and engineering solutions for a wide range of industries, including automotive, aerospace, electronics, construction and consumer goods. The company specialises in the development, manufacture and distribution of metal and polymer fasteners, cold-formed parts, precision turned components and advanced assembly systems.

Its core offerings include custom screws, nuts, clips, inserts and rivets, alongside engineered plastic parts, fluid management products and automated assembly solutions.