Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Sees Large Increase in Short Interest

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 8,300 shares, a growth of 27.7% from the November 30th total of 6,500 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

OTCMKTS SBOEF remained flat at $49.60 on Friday. The company’s 50 day moving average price is $49.60 and its 200 day moving average price is $49.57. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 1-year low of $48.15 and a 1-year high of $49.60.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Company Profile

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft engages in the development, production, and marketing of stainless-steel products and drilling and completion equipment worldwide. The company operates in two segments, Advanced Manufacturing & Services, and Oilfield Equipment. The Advanced Manufacturing & Services segment manufactures high-alloy and non-magnetic stainless steels that offers high material strength and corrosion resistance, as well as customized high-precision MWD/LWD components, such as collars for use as high-tech housings for special logging instruments, sensors, antennas, and generators in the oil, gas, and other industries.