Bodycote (OTCMKTS:BYPLF) Sees Large Growth in Short Interest

Bodycote (OTCMKTS:BYPLF) saw a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 788 shares, a growth of 492.5% from the February 26th total of 133 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Bodycote Price Performance

Shares of BYPLF remained flat at $10.05 on Tuesday. The stock had a trading volume of 1,222 shares. Bodycote has a 52 week low of $8.50 and a 52 week high of $10.05. The company’s 50-day moving average price is $9.76 and its 200-day moving average price is $9.01.

Analyst Upgrades and Downgrades

BYPLF has been the topic of a number of research analyst reports. Barclays raised shares of Bodycote from a “hold” rating to an “overweight” rating in a research report on Wednesday, December 3rd. Royal Bank Of Canada lowered shares of Bodycote from a “moderate buy” rating to a “hold” rating in a research note on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Bodycote has an average rating of “Moderate Buy”.

Bodycote Company Profile

Bodycote plc (OTCMKTS: BYPLF) is a global provider of industrial thermal processing and materials technology services. The company offers a range of solutions including heat treatment, hot isostatic pressing, surface coatings and metal joining, all designed to enhance mechanical performance, improve material properties and extend the service life of critical components.

Operating more than 140 facilities across Europe, North America and the Asia-Pacific region, Bodycote serves customers in aerospace, automotive, energy, medical and general industrial markets.