Bilfinger SE (OTCMKTS:BFLBY) Sees Large Decrease in Short Interest

Bilfinger SE (OTCMKTS:BFLBY) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 176 shares, a decline of 67.9% from the April 15th total of 549 shares. Based on an average daily volume of 194 shares, the short-interest ratio is presently 0.9 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bilfinger in a research note on Friday, January 30th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Bilfinger currently has an average rating of “Buy”.

Bilfinger Stock Performance

OTCMKTS:BFLBY traded down $3.45 on Thursday, hitting $21.50. 200 shares of the stock were exchanged, compared to its average volume of 4,235. Bilfinger has a 52 week low of $16.77 and a 52 week high of $31.30. The company’s 50-day moving average price is $24.30 and its 200 day moving average price is $25.12.

Bilfinger Company Profile

Bilfinger SE is a Germany-based industrial services provider offering engineering and maintenance solutions to clients in sectors such as oil and gas, chemicals, power, pharmaceuticals and real estate. The company delivers services ranging from plant maintenance and turnaround management to modular construction and fabrication, helping customers optimize operational efficiency and extend the lifecycle of critical assets.

Originally established in the late 19th century as a civil engineering firm, Bilfinger evolved through a series of acquisitions and reorganizations into a specialized services company.