Bucher Industries AG (OTCMKTS:BCHHF) Sees Significant Decline in Short Interest

Bucher Industries AG (OTCMKTS:BCHHF) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 4,147 shares, a drop of 13.3% from the February 12th total of 4,784 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Wall Street Analysts Forecast Growth

Separately, UBS Group lowered shares of Bucher Industries to a “neutral” rating in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Bucher Industries Price Performance

BCHHF stock opened at $476.00 on Tuesday. The company’s fifty day moving average price is $450.40 and its 200-day moving average price is $458.16. Bucher Industries has a one year low of $425.00 and a one year high of $476.00.

About Bucher Industries

Bucher Industries AG is a Switzerland-based industrial group specializing in the design and manufacture of sophisticated machinery and systems for municipal, agricultural, glass and food-processing applications. Headquartered in Niederweningen, the company operates through four main divisions—Municipal, Hydraulics, Emhart Glass and Specials—serving customers around the world with tailored vehicle systems, fluid-power components, glass-forming equipment and food-and-beverage processing machinery.

The Bucher Municipal division develops and produces a range of municipal vehicles and equipment, including street sweepers, refuse collection units, sewer jetting and vacuum vehicles, as well as winter-maintenance and de-icing systems.