Short Interest in AB SKF (publ) (OTCMKTS:SKUFF) Decreases By 19.6%

AB SKF (publ) (OTCMKTS:SKUFFGet Rating) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totalling 950,700 shares, a decline of 19.6% from the April 15th total of 1,182,500 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 288.1 days.

Shares of AB SKF (publ) stock remained flat at $$17.15 on Tuesday. AB SKF has a 12-month low of $15.25 and a 12-month high of $27.29. The firm has a 50-day simple moving average of $17.06 and a 200 day simple moving average of $20.67.

AB SKF (publ) Company Profile (Get Rating)

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products.

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