Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Short Interest Up 280.0% in April

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 5,700 shares, an increase of 280.0% from the March 31st total of 1,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 57.0 days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Stock Performance

OTCMKTS SBOEF remained flat at $49.60 on Friday. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a one year low of $48.15 and a one year high of $49.60. The business’s fifty day moving average price is $46.20 and its two-hundred day moving average price is $49.57.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Company Profile

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft engages in the development, production, and marketing of stainless-steel products and drilling and completion equipment worldwide. The company operates in two segments, Advanced Manufacturing & Services, and Oilfield Equipment. The Advanced Manufacturing & Services segment manufactures high-alloy and non-magnetic stainless steels that offers high material strength and corrosion resistance, as well as customized high-precision MWD/LWD components, such as collars for use as high-tech housings for special logging instruments, sensors, antennas, and generators in the oil, gas, and other industries.