Bodycote (OTCMKTS:BYPLF) Sees Significant Decrease in Short Interest

Bodycote (OTCMKTS:BYPLF) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 1,743 shares, a decrease of 83.1% from the November 30th total of 10,330 shares. Based on an average trading volume of 173 shares, the days-to-cover ratio is presently 10.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 173 shares, the days-to-cover ratio is presently 10.1 days.

Bodycote Stock Performance

OTCMKTS BYPLF opened at $8.60 on Friday. Bodycote has a 52 week low of $8.50 and a 52 week high of $8.60. The stock’s 50 day moving average price is $8.60 and its two-hundred day moving average price is $8.14.

Analyst Ratings Changes

Several equities analysts recently issued reports on BYPLF shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bodycote in a research report on Monday, October 6th. Barclays upgraded shares of Bodycote from a “hold” rating to an “overweight” rating in a report on Wednesday, December 3rd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Bodycote has a consensus rating of “Buy”.

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.