Short Interest in Schaeffler AG (OTCMKTS:SCFLF) Decreases By 33.3%

Schaeffler AG (OTCMKTS:SCFLF) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 27,700 shares, a decrease of 33.3% from the August 15th total of 41,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 277.0 days.

Schaeffler Trading Down 11.6 %

OTCMKTS:SCFLF traded down $0.57 during mid-day trading on Friday, hitting $4.33. 154 shares of the stock traded hands, compared to its average volume of 766. The stock has a market capitalization of $718.78 million, a price-to-earnings ratio of 6.37 and a beta of 0.89. Schaeffler has a 52 week low of $4.33 and a 52 week high of $7.39. The firm’s 50 day moving average is $5.33 and its two-hundred day moving average is $6.18. The company has a quick ratio of 0.93, a current ratio of 1.62 and a debt-to-equity ratio of 1.37.

Schaeffler (OTCMKTS:SCFLF) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.05 EPS for the quarter. The company had revenue of $4.51 billion for the quarter. Schaeffler had a net margin of 1.89% and a return on equity of 7.58%.

About Schaeffler

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.