SKF AB AMERICAN DEPOSITARY SHARES (OTCMKTS:SKFRY)’s Stock Is Buy After Less Market Selling

The stock of SKF AB AMERICAN DEPOSITARY SHARES (OTCMKTS:SKFRY) registered a decrease of 59.26% in short interest. SKFRY’s total short interest was 7,700 shares in August as published by FINRA. Its down 59.26% from 18,900 shares, reported previously. With 50,400 shares average volume, it will take short sellers 0 days to cover their SKFRY’s short positions.

The stock increased 2.09% or $0.31 during the last trading session, reaching $15.13. About 24,733 shares traded. AB SKF (OTCMKTS:publ) has 0.00% since August 18, 2018 and is . It has by 0.00% the S&P500.

SKF AB provides products, solutions, and services in the areas of rolling bearings, seals, mechatronics, and lubrication systems. The company has market cap of $6.91 billion. The company?’s products include bearings, units, and housings; seals; lubrication solutions; linear motion systems; actuation systems; magnetic bearings/permanent magnetic electric motors; maintenance products; condition monitoring systems; power transmission products and solutions; mechatronic solutions; coupling systems; test and measurement equipment; and vehicle aftermarket products, such as wheel end, engine, driveline, and suspension products, as well as tools and lubricants. It has a 8.68 P/E ratio. The Company’s services comprise asset management, business consulting, customer training, engineering consultancy, logistics, mechanical maintenance, and remanufacturing and maintenance services.