Bodycote (OTCMKTS:BYPLF) Short Interest Up 201.8% in July

Bodycote (OTCMKTS:BYPLF) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 14,981 shares, a growth of 201.8% from the July 15th total of 4,964 shares. Based on an average daily volume of 34 shares, the days-to-cover ratio is currently 440.6 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bodycote in a research note on Thursday, May 28th. Royal Bank Of Canada restated a “sector perform” rating on shares of Bodycote in a research note on Thursday, August 6th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Bodycote Stock Performance

BYPLF opened at $12.30 on Thursday. The company has a quick ratio of 1.02, a current ratio of 1.17 and a debt-to-equity ratio of 0.20. Bodycote has a twelve month low of $9.00 and a twelve month high of $12.30. The company has a 50-day simple moving average of $9.66 and a 200 day simple moving average of $9.76.

Bodycote Company Profile

Bodycote plc (OTCMKTS: BYPLF) is a global provider of industrial thermal processing and materials technology services. The company offers a range of solutions including heat treatment, hot isostatic pressing, surface coatings and metal joining, all designed to enhance mechanical performance, improve material properties and extend the service life of critical components.

Operating more than 140 facilities across Europe, North America and the Asia-Pacific region, Bodycote serves customers in aerospace, automotive, energy, medical and general industrial markets.