AB SKF (publ) (OTCMKTS:SKUFF) Short Interest Up 38.3% in March

AB SKF (publ) (OTCMKTS:SKUFFGet Free Report) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,276,700 shares, a growth of 38.3% from the February 29th total of 923,100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 12,767.0 days.

AB SKF (publ) Stock Performance

AB SKF (publ) stock remained flat at $22.33 during midday trading on Friday. The firm has a 50 day moving average of $20.71 and a 200-day moving average of $18.40. AB SKF has a 12 month low of $15.85 and a 12 month high of $22.60.

AB SKF (publ) Company Profile

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AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators, automatic lubrication systems, and lubrication system components; maintenance products, such as hydraulic, mechanical, and alignment tools, as well as heaters; belts, pulleys, chains, sprockets, bushings and hubs, couplings, and bolts and tightening systems; condition monitoring systems; test and measuring equipment, such as waviness and roundness analyzers, noise and vibration testers, and grease test rigs, as well as calibration with traceability, machine training and support, and upgrades and refurbishment services; and vehicle aftermarket products.

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