Short Interest in Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Rises By 4,800.0%

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 4,900 shares, an increase of 4,800.0% from the February 13th total of 100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 49.0 days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

Shares of SBOEF opened at $37.00 on Friday. The company’s 50-day moving average is $46.58 and its 200-day moving average is $48.52. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a fifty-two week low of $37.00 and a fifty-two week high of $49.60.

About Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft

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.