OC Oerlikon Co. AG (OTCMKTS:OERLF) Sees Significant Drop in Short Interest

OC Oerlikon Co. AG (OTCMKTS:OERLF) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 357,900 shares, a drop of 17.3% from the November 30th total of 432,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 3,579.0 days.

OC Oerlikon Price Performance

OTCMKTS:OERLF remained flat at $3.96 during mid-day trading on Friday. OC Oerlikon has a 12-month low of $3.70 and a 12-month high of $5.91. The stock’s 50 day simple moving average is $4.42 and its 200-day simple moving average is $4.84.

OC Oerlikon Company Profile

OC Oerlikon Corporation AG provides surface engineering, polymer processing, and additive manufacturing services in Switzerland, Americas, the Asia-Pacific, and Europe. The company operates through two segments, Surface Solutions and Polymer Processing. It offers engine fan compressors, engine hot section, landing gears, actuation systems, aircraft interior, and hydraulic systems for aerospace; engine and brake systems, transmission, drive train, steering and suspension, exhaust systems, piping and tubing systems, exterior, lighting, green hydrogen, interior, heat exchanger and EGR coolers, peripherals and design parts, and thermal insulation systems for automotive; and oil and gas, and boilers, as well as hydro, gas, steam, and wind turbines for energy industry.