AB SKF (publ) (OTCMKTS:SKUFF) Short Interest Down 43.8% in May

AB SKF (publ) (OTCMKTS:SKUFF – Get Rating) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 834,600 shares, a decrease of 43.8% from the May 15th total of 1,484,200 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 2,782.0 days.

SKUFF traded down $0.59 on Monday, reaching $16.76. The company’s stock had a trading volume of 600 shares, compared to its average volume of 2,155. AB SKF has a 1 year low of $15.25 and a 1 year high of $26.95. The business’s 50 day moving average is $17.15 and its 200 day moving average is $19.76.

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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