Bird Construction Inc. (OTCMKTS:BIRDF) Sees Significant Decrease in Short Interest

Bird Construction Inc. (OTCMKTS:BIRDF) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 469,700 shares, a decrease of 14.5% from the February 28th total of 549,100 shares. Based on an average daily volume of 14,100 shares, the short-interest ratio is presently 33.3 days.

Analysts Set New Price Targets

Separately, CIBC reaffirmed a “neutral” rating on shares of Bird Construction in a research report on Monday, February 3rd.

Bird Construction Price Performance

BIRDF stock opened at $15.38 on Wednesday. Bird Construction has a twelve month low of $13.11 and a twelve month high of $23.49. The company’s 50 day moving average is $15.85 and its two-hundred day moving average is $18.23.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.