Bilfinger SE (OTCMKTS:BFLBY) Sees Large Increase in Short Interest

Bilfinger SE (OTCMKTS:BFLBY) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 1,500 shares, a growth of 87.5% from the August 31st total of 800 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 3.8 days. Based on an average trading volume of 400 shares, the short-interest ratio is currently 3.8 days.

Bilfinger Price Performance

OTCMKTS BFLBY opened at $21.45 on Monday. The business’s 50 day moving average price is $21.96 and its 200-day moving average price is $18.94. Bilfinger has a fifty-two week low of $9.42 and a fifty-two week high of $23.55.

About Bilfinger

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.