Bodycote (OTCMKTS:BYPLF) Short Interest Down 62.9% in June

Bodycote (OTCMKTS:BYPLF) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 2,672 shares, a decrease of 62.9% from the June 15th total of 7,193 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 20 shares, the days-to-cover ratio is currently 133.6 days.

Bodycote Stock Performance

Shares of OTCMKTS BYPLF opened at $9.00 on Wednesday. The stock’s 50-day moving average is $9.40 and its two-hundred day moving average is $9.53. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.02 and a current ratio of 1.17. Bodycote has a 1-year low of $9.00 and a 1-year high of $10.05.

Wall Street Analyst Weigh In

BYPLF has been the subject of a number of research reports. Jefferies Financial Group restated a “buy” rating on shares of Bodycote in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bodycote in a research report on Thursday, May 28th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Bodycote Company Profile

Bodycote plc (OTCMKTS: BYPLF) is a global provider of industrial thermal processing and materials technology services. The company offers a range of solutions including heat treatment, hot isostatic pressing, surface coatings and metal joining, all designed to enhance mechanical performance, improve material properties and extend the service life of critical components.

Operating more than 140 facilities across Europe, North America and the Asia-Pacific region, Bodycote serves customers in aerospace, automotive, energy, medical and general industrial markets.