Safran SA (OTCMKTS:SAFRF – Get Free Report) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 156,136 shares, a decrease of 34.3% from the May 31st total of 237,641 shares. Based on an average trading volume of 20,797 shares, the days-to-cover ratio is presently 7.5 days.
Safran Price Performance
Shares of Safran stock opened at $400.54 on Friday. The business’s 50 day simple moving average is $349.31 and its two-hundred day simple moving average is $357.56. Safran has a one year low of $307.16 and a one year high of $422.60.
Safran Company Profile
Safran is a French multinational specializing in aerospace, defense and security, formed in 2005 through the merger of aircraft engine maker SNECMA and electronics group SAGEM. Headquartered in Paris, the company has grown into a leading supplier of propulsion systems and aircraft equipment, leveraging a long history of engineering expertise dating back to both legacy firms’ origins in the early 20th century.
In its core aerospace activities, Safran designs, develops and produces commercial and military aircraft engines, auxiliary power units and rocket engines.
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