Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Short Interest Update

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 2,944 shares, a decrease of 42.0% from the July 15th total of 5,075 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

Shares of Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft stock opened at $30.56 on Tuesday. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 1-year low of $30.56 and a 1-year high of $32.15. The firm’s 50-day moving average price is $30.56 and its two-hundred day moving average price is $30.56.

About Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft is an Austria-based manufacturer specializing in high-precision components and systems for the oil and gas industry. The company designs, engineers and produces downhole tools, drill bits, tubular goods and premium connection systems used in onshore and offshore drilling operations. Its product portfolio also includes specially alloyed steel components and wear-resistant parts that support drilling, completion and intervention activities in challenging reservoir environments.

Operating through multiple business segments, Schoeller-Bleckmann focuses on premium connections that ensure reliable pipe-to-pipe seals under high pressure and temperature conditions, as well as on drill-bit manufacturing and associated technical services.