SBM Offshore (OTCMKTS:SBFFF) Short Interest Update

SBM Offshore (OTCMKTS:SBFFF) saw a significant drop in short interest in September. As of September 30th, there was short interest totalling 46,900 shares, a drop of 38.5% from the September 15th total of 76,300 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 469.0 days.

SBM Offshore Stock Down 6.5 %

OTCMKTS SBFFF opened at $17.32 on Monday. The business has a 50 day moving average price of $18.13 and a 200 day moving average price of $16.31. SBM Offshore has a 1-year low of $12.92 and a 1-year high of $18.53.

About SBM Offshore

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals.