Bombardier Inc. (OTCMKTS:BDRBF) Sees Significant Decline in Short Interest

Bombardier Inc. (OTCMKTS:BDRBF) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 768,800 shares, a decline of 22.8% from the November 30th total of 996,100 shares. Based on an average trading volume of 35,600 shares, the days-to-cover ratio is currently 21.6 days.

Bombardier Stock Up 2.1 %

BDRBF traded up $1.43 during midday trading on Friday, reaching $68.03. 2,912 shares of the company’s stock were exchanged, compared to its average volume of 34,932. The business has a 50-day simple moving average of $71.11 and a two-hundred day simple moving average of $69.06. Bombardier has a one year low of $31.86 and a one year high of $82.21.

About Bombardier

Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.