Bilfinger SE (OTCMKTS:BFLBY) Short Interest Down 20.7% in December

Bilfinger SE (OTCMKTS:BFLBY) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 315 shares, a decrease of 20.7% from the November 30th total of 397 shares. Based on an average trading volume of 9,194 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 9,194 shares, the days-to-cover ratio is currently 0.0 days.

Bilfinger Trading Up 3.1%

Shares of OTCMKTS BFLBY opened at $25.75 on Wednesday. The stock has a 50 day moving average of $22.90 and a two-hundred day moving average of $21.89. Bilfinger has a twelve month low of $11.35 and a twelve month high of $27.94.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bilfinger in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently 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.