Bodycote plc (OTCMKTS:BYPLF) Short Interest Update

Bodycote plc (OTCMKTS:BYPLF) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 500 shares, a growth of 25.0% from the November 15th total of 400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 5.0 days.

Bodycote Price Performance

Shares of BYPLF opened at $7.67 on Friday. The stock’s 50 day moving average is $7.20 and its two-hundred day moving average is $8.27. Bodycote has a twelve month low of $6.94 and a twelve month high of $9.28.

Wall Street Analyst Weigh In

Several research firms have recently commented on BYPLF. Royal Bank of Canada upgraded Bodycote from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, October 15th. Barclays upgraded shares of Bodycote to a “hold” rating in a research report on Friday, August 16th.

Bodycote Company Profile

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. The company offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and furnace/vacuum brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.