Bilfinger SE (OTCMKTS:BFLBY) Short Interest Down 62.6% in January

Bilfinger SE (OTCMKTS:BFLBY) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 1,227 shares, a decrease of 62.6% from the January 15th total of 3,278 shares. Based on an average daily trading volume, of 2,152 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 2,152 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bilfinger in a research report on Friday, January 30th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Bilfinger presently has an average rating of “Buy”.

Bilfinger Stock Performance

Shares of OTCMKTS:BFLBY opened at $30.27 on Thursday. The company’s fifty day moving average is $27.12 and its 200-day moving average is $23.74. Bilfinger has a 52 week low of $11.35 and a 52 week high of $31.30.

About Bilfinger

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.