Bilfinger SE (OTCMKTS:BFLBY) Stock Short Interest Climbs 63.8%

Bilfinger SE (OTCMKTS:BFLBY) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 1,078 shares, a growth of 63.8% from the September 15th total of 658 shares. Based on an average trading volume of 262 shares, the short-interest ratio is currently 4.1 days.

Bilfinger Stock Performance

Bilfinger stock opened at $12.76 on Friday. The stock has a 50 day moving average of $16.03 and a 200-day moving average of $19.27. Bilfinger has a 52 week low of $11.90 and a 52 week high of $31.30.

Analyst Ratings Changes

Separately, UBS Group raised Bilfinger to a “buy” rating in a research report on Thursday, August 27th. Two analysts have rated the stock with a Buy rating. According to MarketBeat, Bilfinger currently has a consensus rating of “Buy”.

Bilfinger Company Profile

Bilfinger SE is a Germany-based industrial services provider headquartered in Mannheim. The company supports customers in process industries, including chemicals and petrochemicals, pharmaceuticals, energy, utilities, and related manufacturing sectors. Its services cover the full life cycle of industrial facilities, from consulting and engineering to construction, commissioning, maintenance, modernization, and decommissioning.

Bilfinger’s offerings include plant engineering, project management, mechanical and electrical services, automation and control systems, insulation and scaffolding, industrial maintenance, and digital solutions.