OC Oerlikon Co. AG (OTCMKTS:OERLF) Short Interest Update

OC Oerlikon Co. AG (OTCMKTS:OERLFGet Rating) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 46,600 shares, an increase of 106.2% from the April 30th total of 22,600 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 12.9 days.

OERLF has been the subject of a number of analyst reports. UBS Group decreased their target price on shares of OC Oerlikon from CHF 13.40 to CHF 12.90 and set a “buy” rating for the company in a research note on Friday, March 11th. Royal Bank of Canada raised shares of OC Oerlikon from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, March 9th.

Shares of OC Oerlikon stock remained flat at $$8.01 during trading hours on Friday. The stock’s 50-day moving average is $8.00 and its two-hundred day moving average is $9.45. OC Oerlikon has a 1 year low of $7.75 and a 1 year high of $11.85.

OC Oerlikon Company Profile (Get Rating)

OC Oerlikon Corporation AG provides advanced materials, surface technologies, processing equipment, and services worldwide. The company operates through two segments, Surface Solutions and Polymer Processing Solutions. The Surface Solutions segment supplies advanced materials and surface technologies for components and tools used in range of industrial applications.

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