NV Bekaert SA (OTCMKTS:BEKAY) Sees Significant Increase in Short Interest

NV Bekaert SA (OTCMKTS:BEKAY) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 151 shares, a growth of 221.3% from the December 31st total of 47 shares. Based on an average trading volume of 81 shares, the short-interest ratio is presently 1.9 days. Based on an average trading volume of 81 shares, the short-interest ratio is presently 1.9 days.

NV Bekaert Price Performance

Shares of OTCMKTS:BEKAY remained flat at $4.52 on Thursday. NV Bekaert has a twelve month low of $3.94 and a twelve month high of $4.52. The firm’s 50-day moving average is $4.15 and its two-hundred day moving average is $4.15.

About NV Bekaert

NV Bekaert is a global technology and market leader in steel wire transformation and coatings. Founded in 1880 and headquartered in Kortrijk, Belgium, the company specializes in developing advanced steel wire products and surface treatments designed to enhance performance, durability and safety across a range of applications. Over its long history, Bekaert has built a reputation for innovation in metallurgy and coating technologies, supporting sectors that demand high?performance materials.

The company’s core activities encompass the design, manufacture and supply of steel wire and wire?based solutions.