Bombardier Inc. (OTCMKTS:BDRBF) Sees Large Drop in Short Interest

Bombardier Inc. (OTCMKTS:BDRBF) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 1,223,200 shares, a drop of 17.1% from the February 28th total of 1,475,000 shares. Based on an average daily volume of 127,200 shares, the short-interest ratio is presently 9.6 days.

Bombardier Stock Performance

Shares of BDRBF stock opened at $56.35 on Tuesday. Bombardier has a 12 month low of $39.77 and a 12 month high of $82.21. The firm has a fifty day simple moving average of $59.20 and a two-hundred day simple moving average of $67.08.

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.