Bilfinger SE (OTCMKTS:BFLBY) Short Interest Down 68.7% in March

Bilfinger SE (OTCMKTS:BFLBY) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totaling 203 shares, a drop of 68.7% from the March 15th total of 649 shares. Based on an average daily trading volume, of 43,029 shares, the days-to-cover ratio is currently 0.0 days.

Bilfinger Stock Performance

BFLBY stock opened at $26.50 on Friday. The business has a 50 day moving average price of $26.12 and a two-hundred day moving average price of $24.77. Bilfinger has a twelve month low of $14.98 and a twelve month high of $31.30.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated 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, Based on data from MarketBeat.com, Bilfinger has a consensus 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.