Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 899,900 shares, an increase of 11.1% from the August 31st total of 809,800 shares. Based on an average daily volume of 40,500 shares, the days-to-cover ratio is presently 22.2 days.
Analyst Ratings Changes
Separately, BMO Capital Markets raised their price target on Bombardier from $95.00 to $129.00 and gave the stock an “outperform” rating in a research report on Monday, June 3rd.
Check Out Our Latest Stock Analysis on BDRBF
Bombardier Price Performance
About Bombardier
Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.
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