Bilfinger SE (OTCMKTS:BFLBY) Sees Significant Increase in Short Interest

Bilfinger SE (OTCMKTS:BFLBY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,278 shares, an increase of 88.1% from the December 31st total of 1,743 shares. Based on an average daily volume of 1,430 shares, the days-to-cover ratio is presently 2.3 days. Based on an average daily volume of 1,430 shares, the days-to-cover ratio is presently 2.3 days.

Bilfinger Stock Performance

Shares of OTCMKTS BFLBY opened at $30.75 on Friday. The company has a 50 day simple moving average of $25.60 and a 200-day simple moving average of $23.25. Bilfinger has a 1 year low of $11.35 and a 1 year high of $30.75.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bilfinger in a report on Wednesday, December 3rd. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.

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.