Bilfinger SE (OTCMKTS:BFLBY) Short Interest Down 24.7% in March

Bilfinger SE (OTCMKTS:BFLBY) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 649 shares, a drop of 24.7% from the February 26th total of 862 shares. Based on an average trading volume of 1,526 shares, the days-to-cover ratio is currently 0.4 days.

Bilfinger Stock Down 5.6%

Shares of OTCMKTS:BFLBY traded down $1.26 on Monday, hitting $21.15. 983 shares of the company’s stock were exchanged, compared to its average volume of 5,342. Bilfinger has a 12 month low of $13.76 and a 12 month high of $31.30. The business’s 50 day simple moving average is $27.12 and its two-hundred day simple moving average is $24.67.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bilfinger in a report on Friday, January 30th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

About Bilfinger

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.