Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Short Interest Down 20.4% in January

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 7,800 shares, a decrease of 20.4% from the December 31st total of 9,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Stock Performance

SBOEF opened at $49.60 on Friday. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a one year low of $48.15 and a one year high of $49.60. The business’s 50-day simple moving average is $49.60 and its 200-day simple moving average is $49.57.

About Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft engages in the development, production, and marketing of stainless-steel products and drilling and completion equipment worldwide. The company operates in two segments, Advanced Manufacturing & Services, and Oilfield Equipment. The Advanced Manufacturing & Services segment manufactures high-alloy and non-magnetic stainless steels that offers high material strength and corrosion resistance, as well as customized high-precision MWD/LWD components, such as collars for use as high-tech housings for special logging instruments, sensors, antennas, and generators in the oil, gas, and other industries.