Schaeffler AG (OTCMKTS:SCFLF) Short Interest Update

Schaeffler AG (OTCMKTS:SCFLF) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totalling 27,100 shares, a decline of 28.9% from the June 15th total of 38,100 shares. Based on an average daily trading volume, of 2,700 shares, the short-interest ratio is currently 10.0 days.

Schaeffler Stock Performance

SCFLF stock opened at $5.62 on Monday. Schaeffler has a 52 week low of $5.06 and a 52 week high of $7.39. The company’s 50-day moving average price is $6.49 and its 200 day moving average price is $6.57. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.33 and a quick ratio of 0.80.

Schaeffler (OTCMKTS:SCFLF) last announced its earnings results on Tuesday, April 23rd. The company reported $0.38 earnings per share (EPS) for the quarter. The company had revenue of $4.44 billion during the quarter. Schaeffler had a net margin of 2.55% and a return on equity of 10.20%.

Schaeffler Company Profile

Schaeffler AG, together with its subsidiaries, develops, manufactures, and sells components and system for industrial applications in Europe, the Americas, China, and the Asia Pacific. The Automotive Technologies division offers mechanical, mechatronic, and electronic components and systems for powertrain electrification used in passenger cars and commercial vehicles, such as electric motors, axle transmissions, axle drives, power electronics, hybrid modules, electromechanical and hydraulic actuators, and thermal management module; torque converters, hybrid dampers, clutches, variable valve train systems, valve-lash adjustment elements, balancer shafts, camshaft phasing systems, timing drives, and front end auxillary drives.