Short Interest in Bilfinger SE (OTCMKTS:BFLBY) Expands By 398.4%

Bilfinger SE (OTCMKTS:BFLBY) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 623 shares, an increase of 398.4% from the August 15th total of 125 shares. Based on an average trading volume of 740 shares, the days-to-cover ratio is presently 0.8 days.

Bilfinger Stock Performance

BFLBY stock opened at $19.08 on Friday. The business has a 50-day moving average price of $18.54 and a 200 day moving average price of $21.26. Bilfinger has a 1-year low of $16.45 and a 1-year high of $31.30.

Analysts Set New Price Targets

Separately, UBS Group raised shares of Bilfinger to a “buy” rating in a research note on Thursday, August 27th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

About Bilfinger

Bilfinger SE is a Germany-based industrial services provider offering engineering and maintenance solutions to clients in sectors such as oil and gas, chemicals, power, pharmaceuticals and real estate. The company delivers services ranging from plant maintenance and turnaround management to modular construction and fabrication, helping customers optimize operational efficiency and extend the lifecycle of critical assets.

Originally established in the late 19th century as a civil engineering firm, Bilfinger evolved through a series of acquisitions and reorganizations into a specialized services company.