Bodycote (OTCMKTS:BYPLF) Short Interest Update
by Mitch Edgeman · The Markets DailyBodycote (OTCMKTS:BYPLF – Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 4,539 shares, a decrease of 16.6% from the December 31st total of 5,443 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 11.3 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 11.3 days.
Bodycote Price Performance
Shares of OTCMKTS BYPLF remained flat at $10.05 during midday trading on Monday. The company’s 50 day moving average is $8.72 and its 200 day moving average is $8.51. Bodycote has a 12-month low of $8.50 and a 12-month high of $10.05.
Analysts Set New Price Targets
Several analysts recently commented on the stock. Barclays upgraded shares of Bodycote from a “hold” rating to an “overweight” rating in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bodycote in a research note on Monday, October 6th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.
View Our Latest Research Report on BYPLF
Bodycote Company Profile
Bodycote plc (OTCMKTS: BYPLF) is a global provider of industrial thermal processing and materials technology services. The company offers a range of solutions including heat treatment, hot isostatic pressing, surface coatings and metal joining, all designed to enhance mechanical performance, improve material properties and extend the service life of critical components.
Operating more than 140 facilities across Europe, North America and the Asia-Pacific region, Bodycote serves customers in aerospace, automotive, energy, medical and general industrial markets.