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

Bilfinger SE (OTCMKTS:BFLBY) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 649 shares, a drop of 24.7% from the February 26th total of 862 shares. Based on an average daily volume of 1,526 shares, the days-to-cover ratio is currently 0.4 days.

Bilfinger Price Performance

Shares of OTCMKTS BFLBY opened at $21.15 on Tuesday. The business has a 50-day moving average price of $26.94 and a 200 day moving average price of $24.67. Bilfinger has a 52-week low of $13.76 and a 52-week high of $31.30.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bilfinger in a report on Friday, January 30th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Bilfinger has an average rating of “Buy”.

Bilfinger Company Profile

Bilfinger SE is a Germany-based industrial services provider offering engineering and maintenance solutions to clients in sectors such as oil and gas, chemicals, power, pharmaceuticals and real estate. The company delivers services ranging from plant maintenance and turnaround management to modular construction and fabrication, helping customers optimize operational efficiency and extend the lifecycle of critical assets.

Originally established in the late 19th century as a civil engineering firm, Bilfinger evolved through a series of acquisitions and reorganizations into a specialized services company.