Short Interest in Bilfinger SE (OTCMKTS:BFLBY) Expands By 88.1%

Bilfinger SE (OTCMKTS:BFLBY) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 3,278 shares, an increase of 88.1% from the December 31st total of 1,743 shares. Based on an average daily trading volume, of 1,430 shares, the days-to-cover ratio is presently 2.3 days. Based on an average daily trading volume, of 1,430 shares, the days-to-cover ratio is presently 2.3 days.

Bilfinger Stock Down 7.3%

Bilfinger stock opened at $28.51 on Friday. Bilfinger has a 52 week low of $11.35 and a 52 week high of $30.75. The company has a 50 day moving average price of $25.76 and a 200 day moving average price of $23.30.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bilfinger in a research note on Friday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy”.

Bilfinger Company Profile

Bilfinger SE is a Germany-based industrial services provider offering engineering and maintenance solutions to clients in sectors such as oil and gas, chemicals, power, pharmaceuticals and real estate. The company delivers services ranging from plant maintenance and turnaround management to modular construction and fabrication, helping customers optimize operational efficiency and extend the lifecycle of critical assets.

Originally established in the late 19th century as a civil engineering firm, Bilfinger evolved through a series of acquisitions and reorganizations into a specialized services company.