Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Short Interest Down 30.1% in February

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEFGet Free Report) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 4,423 shares, a decrease of 30.1% from the January 29th total of 6,330 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

Shares of SBOEF stock opened at $30.56 on Monday. The firm has a 50 day moving average of $30.56 and a 200-day moving average of $30.92. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 52 week low of $30.56 and a 52 week high of $32.15.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Company Profile

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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.

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