Short Interest in Bodycote (OTCMKTS:BYPLF) Increases By 85.8%

Bodycote (OTCMKTS:BYPLF) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 4,964 shares, a growth of 85.8% from the June 30th total of 2,672 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Bodycote Stock Performance

OTCMKTS:BYPLF opened at $9.35 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.17 and a quick ratio of 1.02. Bodycote has a twelve month low of $9.00 and a twelve month high of $10.05. The company’s 50 day moving average is $9.34 and its two-hundred day moving average is $9.59.

Wall Street Analyst Weigh In

BYPLF has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bodycote in a report on Thursday, May 28th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Bodycote in a report on Friday, April 10th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About Bodycote

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.