Bucher Industries AG (OTCMKTS:BCHHF) Sees Significant Drop in Short Interest

Bucher Industries AG (OTCMKTS:BCHHF) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 6,400 shares, a drop of 11.1% from the August 31st total of 7,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 64.0 days.

Bucher Industries Stock Performance

OTCMKTS BCHHF opened at $444.50 on Tuesday. The company’s fifty day moving average is $447.76 and its two-hundred day moving average is $457.70. Bucher Industries has a 52-week low of $392.95 and a 52-week high of $444.50.

Bucher Industries Company Profile

Bucher Industries AG engagers in the manufacture and sale of machinery, systems, and hydraulic components for harvesting, producing and packaging food products, and keeping roads and public spaces clean and safe in Asia, the Americas, Europe, and internationally. It operates through five divisions: Kuhn Group, Bucher Municipal, Bucher Hydraulics, Bucher Emhart Glass, and Bucher Specials.