Bucher Industries AG (OTCMKTS:BCHHF) Short Interest Up 42.6% in February

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

Bucher Industries Price Performance

BCHHF stock opened at $444.00 on Monday. Bucher Industries has a 1 year low of $425.00 and a 1 year high of $460.36. The stock’s 50 day moving average price is $444.13 and its 200 day moving average price is $459.92.

Analysts Set New Price Targets

Separately, UBS Group cut Bucher Industries to a “neutral” rating in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

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.