AB SKF (publ) (OTCMKTS:SKUFF) Short Interest Down 24.4% in August

AB SKF (publ) (OTCMKTS:SKUFF) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totalling 897,600 shares, a decline of 24.4% from the August 15th total of 1,187,600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 8,976.0 days.

AB SKF (publ) Stock Performance

Shares of OTCMKTS:SKUFF opened at $17.50 on Monday. The firm has a fifty day moving average price of $19.10 and a 200 day moving average price of $20.71. AB SKF has a fifty-two week low of $15.97 and a fifty-two week high of $22.60.

About AB SKF (publ)

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.