Schindler Holding AG (OTCMKTS:SHLAF) Short Interest Update

Schindler Holding AG (OTCMKTS:SHLAF) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 87,800 shares, a decrease of 26.3% from the September 30th total of 119,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 878.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 878.0 days.

Schindler Price Performance

OTCMKTS SHLAF opened at $356.04 on Wednesday. The company has a 50 day simple moving average of $366.45 and a 200-day simple moving average of $360.56. Schindler has a 52-week low of $273.50 and a 52-week high of $399.43.

Analyst Ratings Changes

A number of research firms have recently issued reports on SHLAF. Citigroup restated a “neutral” rating on shares of Schindler in a report on Monday, October 6th. Barclays restated an “overweight” rating on shares of Schindler in a report on Thursday, July 10th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Schindler in a research report on Friday. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

Schindler Company Profile

Schindler Holding AG engages in the production, installation, maintenance, and modernization of elevators, escalators, and moving walks worldwide. It offers Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; Schindler Ahead AdScreen that delivers messages on a special screen inside the elevator; and Schindler Ahead MediaScreen, an in-car media solution for elevators.