Short Interest in Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Drops By 90.0%

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 100 shares, a decline of 90.0% from the January 31st total of 1,000 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

Shares of OTCMKTS:SBOEF remained flat at $37.00 during mid-day trading on Friday. The business’s 50-day moving average is $48.84 and its 200 day moving average is $49.31. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 1-year low of $37.00 and a 1-year high of $49.60.

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.