Short Interest in Bilfinger SE (OTCMKTS:BFLBY) Expands By 398.4%

Bilfinger SE (OTCMKTS:BFLBY) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 623 shares, a growth of 398.4% from the August 15th total of 125 shares. Based on an average trading volume of 740 shares, the short-interest ratio is currently 0.8 days.

Analyst Ratings Changes

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

Bilfinger Price Performance

Shares of BFLBY opened at $19.08 on Friday. The stock has a 50 day moving average of $18.54 and a 200 day moving average of $21.26. Bilfinger has a 12 month low of $16.45 and a 12 month high of $31.30.

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.