Bodycote plc (OTCMKTS:BYPLF) Short Interest Update

Bodycote plc (OTCMKTS:BYPLF) saw a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 100 shares, a decrease of 94.1% from the July 31st total of 1,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Bodycote Stock Performance

Shares of Bodycote stock opened at $9.28 on Wednesday. Bodycote has a 1-year low of $9.01 and a 1-year high of $9.28. The company’s fifty day simple moving average is $9.10 and its 200-day simple moving average is $8.51.

Wall Street Analyst Weigh In

A number of research firms have commented on BYPLF. Royal Bank of Canada raised shares of Bodycote to a “hold” rating in a research report on Wednesday, July 31st. Barclays raised Bodycote to a “hold” rating in a report on Friday, August 16th.

About Bodycote

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. The company offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.