Bucher Industries AG (OTCMKTS:BCHHF) Short Interest Update

Bucher Industries AG (OTCMKTS:BCHHF) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 4,784 shares, a growth of 42.6% from the January 29th total of 3,355 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analysts Set New Price Targets

Separately, UBS Group downgraded shares of Bucher Industries to a “neutral” rating in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Bucher Industries presently has an average rating of “Hold”.

Bucher Industries Price Performance

Shares of BCHHF remained flat at $444.00 during mid-day trading on Friday. Bucher Industries has a 12 month low of $425.00 and a 12 month high of $460.36. The stock has a 50-day simple moving average of $444.13 and a 200 day simple moving average of $460.17.

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.