NV Bekaert SA (OTCMKTS:BEKAY) Sees Significant Increase in Short Interest

NV Bekaert SA (OTCMKTS:BEKAY – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 77 shares. Based on an average daily trading volume, of 16 shares, the short-interest ratio is currently 4.8 days.

NV Bekaert Stock Performance

Shares of OTCMKTS BEKAY remained flat at $4.50 during mid-day trading on Friday. The business’s 50 day moving average is $4.50 and its 200 day moving average is $4.64. NV Bekaert has a 52-week low of $3.94 and a 52-week high of $5.45.

About NV Bekaert

(Get Free Report)

NV Bekaert is a Belgium-based company that develops and manufactures steel wire products, wire-related technologies and advanced coating solutions. Founded in 1880 by Leo Leander Bekaert in Zwevegem, Belgium, the company has evolved from a local wire manufacturer into a global materials and technology business. Bekaert supplies products and services to a range of industries, including automotive, construction, infrastructure, energy, agriculture and industrial manufacturing. Its offerings include tire cord and steel wire for automotive applications, reinforcement products for construction materials, fencing and agricultural wire, industrial wires and specialized steel wire solutions.

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