Short Interest in Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Rises By 308.8%

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 11,527 shares, a growth of 308.8% from the June 15th total of 2,820 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

SBOEF stock remained flat at $30.56 during trading on Friday. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a one year low of $30.56 and a one year high of $32.15. The firm has a 50 day moving average price of $30.56 and a two-hundred day moving average price of $30.56.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Company Profile

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.