Bodycote (OTCMKTS:BYPLF) Short Interest Down 16.6% in January

Bodycote (OTCMKTS:BYPLF) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 4,539 shares, a decrease of 16.6% from the December 31st total of 5,443 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 11.3 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 daily trading volume, of 400 shares, the days-to-cover ratio is currently 11.3 days.

Bodycote Stock Performance

Bodycote stock opened at $10.05 on Tuesday. Bodycote has a twelve month low of $8.50 and a twelve month high of $10.05. The firm’s 50 day moving average price is $8.75 and its two-hundred day moving average price is $8.53.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on BYPLF shares. Barclays upgraded shares of Bodycote from a “hold” rating to an “overweight” rating in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bodycote in a report on Monday, October 6th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

About Bodycote

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.