Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Sees Significant Increase in Short Interest

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 32,000 shares, an increase of 32.2% from the May 31st total of 24,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

OTCMKTS:SBOEF remained flat at $49.60 during mid-day trading on Monday. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 1 year low of $48.15 and a 1 year high of $49.60. The stock has a 50 day moving average price of $49.60 and a two-hundred day moving average price of $46.82.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Company Profile

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.