Bodycote plc (OTCMKTS:BYPLF) Sees Significant Increase in Short Interest

Bodycote plc (OTCMKTS:BYPLF) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 1,000 shares, an increase of 900.0% from the March 15th total of 100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Bodycote Price Performance

Shares of OTCMKTS:BYPLF opened at $6.84 on Tuesday. The firm’s 50 day simple moving average is $7.84 and its 200-day simple moving average is $7.58. Bodycote has a one year low of $6.84 and a one year high of $9.28.

Bodycote Company Profile

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. The company offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and furnace/vacuum brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.