Safran SA's short interest decreased by 45.1% in September, with 174,500 shares shorted.
Safran SA saw a significant decrease in short interest in September, with 174,500 shares shorted, down 45.1% from August. The days-to-cover ratio is 44.7 days based on low trading volume. Conversely, another report noted a 44.3% increase in short interest to 53,400 shares, with a 0.1 days-to-cover ratio. Analysts remain optimistic, with recent upgrades from Royal Bank of Canada and Citigroup. Safran's stock trades around $59.44, with a $37.54-$60.57 yearly range.
September 28, 2024
3 Articles