Bilfinger SE (OTCMKTS:BFLBY) Short Interest Down 67.9% in April
by Amy Steele · The Cerbat GemBilfinger SE (OTCMKTS:BFLBY – Get Free Report) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 176 shares, a drop of 67.9% from the April 15th total of 549 shares. Based on an average daily trading volume, of 194 shares, the short-interest ratio is presently 0.9 days.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bilfinger in a report on Friday, January 30th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy”.
Get Our Latest Stock Analysis on BFLBY
Bilfinger Price Performance
Shares of BFLBY opened at $22.00 on Friday. The firm has a 50 day simple moving average of $24.23 and a 200-day simple moving average of $25.12. Bilfinger has a 1-year low of $16.77 and a 1-year high of $31.30.
About Bilfinger
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.