Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Sees Significant Growth in Short Interest

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 6,330 shares, a growth of 83.0% from the January 15th total of 3,459 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Stock Performance

OTCMKTS:SBOEF opened at $30.56 on Friday. The firm’s fifty day simple moving average is $30.56 and its 200 day simple moving average is $31.16. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a twelve month low of $30.56 and a twelve month high of $32.15.

About Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft is an Austria-based manufacturer specializing in high-precision components and systems for the oil and gas industry. The company designs, engineers and produces downhole tools, drill bits, tubular goods and premium connection systems used in onshore and offshore drilling operations. Its product portfolio also includes specially alloyed steel components and wear-resistant parts that support drilling, completion and intervention activities in challenging reservoir environments.

Operating through multiple business segments, Schoeller-Bleckmann focuses on premium connections that ensure reliable pipe-to-pipe seals under high pressure and temperature conditions, as well as on drill-bit manufacturing and associated technical services.