Technip Energies (OTCMKTS:THNPY) Short Interest Down 57.1% in February

Technip Energies (OTCMKTS:THNPY – Get Rating) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 18,400 shares, a decrease of 57.1% from the February 13th total of 42,900 shares. Based on an average daily trading volume, of 33,800 shares, the days-to-cover ratio is presently 0.5 days.

Technip Energies Stock Down 1.0 %

Shares of THNPY stock opened at $20.91 on Friday. Technip Energies has a 52-week low of $10.00 and a 52-week high of $22.22.

Wall Street Analyst Weigh In

Separately, Barclays lifted their price objective on shares of Technip Energies from $16.50 to $22.00 and gave the stock an “overweight” rating in a report on Wednesday, January 18th.