Short Interest in Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Grows By 27.7%

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the target of a significant growth in short interest during 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 volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

SBOEF stock remained flat at $49.60 during midday trading on Tuesday. The business’s fifty day simple moving average is $49.60 and its two-hundred day simple moving average 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.