Bilfinger SE (OTCMKTS:BFLBY) Sees Significant Decrease in Short Interest

Bilfinger SE (OTCMKTS:BFLBY) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 800 shares, a decline of 46.7% from the September 15th total of 1,500 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 0.8 days.

Bilfinger Price Performance

Shares of BFLBY opened at $22.40 on Thursday. The firm’s 50 day moving average is $22.07 and its 200-day moving average is $19.62. Bilfinger has a 12-month low of $9.42 and a 12-month high of $23.60.

Bilfinger Company Profile

Bilfinger SE provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East. The company offers engineering, project, maintenance, turnaround, rotating equipment, and inspection services. It also provides new construction and decommissioning of nuclear power plants, treatment of radioactive waste, and nuclear fusion services.