Bird Construction Inc. (OTCMKTS:BIRDF) Short Interest Update

Bird Construction Inc. (OTCMKTS:BIRDF) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 99,700 shares, a growth of 983.7% from the February 29th total of 9,200 shares. Based on an average daily volume of 13,500 shares, the short-interest ratio is presently 7.4 days.

Analyst Upgrades and Downgrades

Separately, Raymond James raised their price objective on Bird Construction from $18.50 to $20.50 and gave the stock an “outperform” rating in a research note on Wednesday, March 6th.

Bird Construction Price Performance

BIRDF remained flat at $13.66 during trading on Wednesday. 148 shares of the company’s stock were exchanged, compared to its average volume of 2,893. Bird Construction has a 52-week low of $6.07 and a 52-week high of $14.14. The stock has a 50 day moving average price of $12.39 and a two-hundred day moving average price of $10.09.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.