Safran SA (OTCMKTS:SAFRY) Short Interest Update

Safran SA (OTCMKTS:SAFRY) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 81,600 shares, a growth of 59.7% from the September 30th total of 51,100 shares. Based on an average trading volume of 239,300 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 239,300 shares, the short-interest ratio is presently 0.3 days.

Safran Stock Up 0.7%

OTCMKTS:SAFRY opened at $89.26 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.66 and a current ratio of 0.93. The firm has a fifty day simple moving average of $85.93 and a two-hundred day simple moving average of $79.81. Safran has a 12 month low of $53.38 and a 12 month high of $89.84.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SAFRY shares. Zacks Research upgraded shares of Safran from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 29th. Sanford C. Bernstein raised shares of Safran from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 21st. The Goldman Sachs Group assumed coverage on shares of Safran in a report on Friday, September 19th. They issued a “buy” rating for the company. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Safran in a report on Friday, October 24th. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Safran presently has an average rating of “Buy”.

About Safran

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, satellites, and drones; and offers maintenance, repair, and overhaul (MRO) services, as well as sells spare parts.