Could SAF HOLLAND SA LUXEMBOURG ORDINARY SHARE (OTCMKTS:SFHLF) Change Direction After Less Shorts?

July 12, 2018 - By Alfred Lee

SAF-Holland S.A. (OTCMKTS:SFHLF) Logo

The stock of SAF HOLLAND SA LUXEMBOURG ORDINARY SHARE (OTCMKTS:SFHLF) registered a decrease of 9.85% in short interest. SFHLF’s total short interest was 724,700 shares in July as published by FINRA. Its down 9.85% from 803,900 shares, reported previously. With 400 shares average volume, it will take short sellers 1812 days to cover their SFHLF’s short positions. The short interest to SAF HOLLAND SA LUXEMBOURG ORDINARY SHARE’s float is 1.62%.

It closed at $17.01 lastly. It is down 0.00% since July 12, 2017 and is . It has underperformed by 12.57% the S&P500.

SAF-HOLLAND S.A. manufactures and supplies chassis-related systems and components for trucks, trailers, semi-trailers, buses, and recreational vehicles worldwide. The company has market cap of $718.16 million. It offers axle and suspension systems, fifth wheels, kingpins, and landing gears under the SAF, Holland, and Neway brands. It has a 16.82 P/E ratio. The firm also provides coupling devices and spare parts.

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