Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Short Interest Down 55.2% in May

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,944 shares, a decrease of 55.2% from the May 14th total of 4,344 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

SBOEF remained flat at $30.56 during trading on Friday. The firm has a 50 day moving average price of $30.56 and a 200 day moving average price of $30.56. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a twelve month low of $30.56 and a twelve month high of $32.15.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Company Profile

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft is an Austria-based manufacturer specializing in high-precision components and systems for the oil and gas industry. The company designs, engineers and produces downhole tools, drill bits, tubular goods and premium connection systems used in onshore and offshore drilling operations. Its product portfolio also includes specially alloyed steel components and wear-resistant parts that support drilling, completion and intervention activities in challenging reservoir environments.

Operating through multiple business segments, Schoeller-Bleckmann focuses on premium connections that ensure reliable pipe-to-pipe seals under high pressure and temperature conditions, as well as on drill-bit manufacturing and associated technical services.