Short Interest in AB SKF (publ) (OTCMKTS:SKUFF) Declines By 43.6%

AB SKF (publ) (OTCMKTS:SKUFF) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 930,900 shares, a decrease of 43.6% from the January 15th total of 1,651,600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

AB SKF (publ) Price Performance

Shares of OTCMKTS:SKUFF remained flat at $19.00 during trading on Thursday. The business’s 50-day moving average is $18.95 and its 200-day moving average is $18.99. AB SKF has a 52-week low of $17.15 and a 52-week high of $22.60.

AB SKF (publ) Company Profile

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.