Biffa plc (OTCMKTS:BFFBF) Sees Significant Drop in Short Interest

Biffa plc (OTCMKTS:BFFBF) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,031,200 shares, a decrease of 19.8% from the February 28th total of 1,285,100 shares. Based on an average trading volume of 13,000 shares, the short-interest ratio is currently 79.3 days.

Biffa Price Performance

Shares of OTCMKTS:BFFBF opened at $8.00 on Tuesday. The stock has a 50 day moving average price of $8.24 and a 200-day moving average price of $6.48. Biffa has a 52-week low of $7.77 and a 52-week high of $9.35.

Biffa Company Profile

Biffa plc provides waste management services in the United Kingdom. The company operates in two segments, Collections and Resources & Energy. It is involved in the collection, recycling, treatment, processing, and disposal of waste, and production of energy. The company offers general waste collection, dry mixed recycling, food waste collection, single stream recycling, hazardous waste collection and treatment, unplanned waste removal, skip hire, asbestos waste disposal, and bin cleaning services for businesses in sectors, including the construction, facilities management, hospitality and events, logistics waste solutions, manufacturing and production, public, retail waste management, and utilities.