Safran SA (OTCMKTS:SAFRY) Short Interest Down 43.4% in April

Safran SA (OTCMKTS:SAFRY - Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 98,600 shares, a decrease of 43.4% from the March 31st total of 174,200 shares. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 593,400 shares, the short-interest ratio is currently 0.2 days.

Safran Stock Up 0.4 %

SAFRY traded up $0.30 during trading on Friday, hitting $67.07. 105,728 shares of the stock traded hands, compared to its average volume of 308,817. Safran has a 12-month low of $51.02 and a 12-month high of $72.00. The company has a current ratio of 0.88, a quick ratio of 0.61 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of $64.68 and a 200 day moving average of $60.50.

Analysts Set New Price Targets

SAFRY has been the topic of several research analyst reports. Kepler Capital Markets upgraded Safran from a "hold" rating to a "strong-buy" rating in a research report on Monday. Morgan Stanley cut Safran from an "overweight" rating to an "equal weight" rating in a report on Thursday, January 16th.

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.