Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Short Interest Up 308.8% in June

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 11,527 shares, a growth of 308.8% from the June 15th total of 2,820 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Stock Performance

Shares of OTCMKTS:SBOEF remained flat at $30.56 during trading on Tuesday. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a one year low of $30.56 and a one year high of $32.15. The stock’s 50-day moving average is $30.56 and its 200-day moving average is $30.56.

About Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft is an Austria-based manufacturer specializing in high-precision components and systems for the oil and gas industry. The company designs, engineers and produces downhole tools, drill bits, tubular goods and premium connection systems used in onshore and offshore drilling operations. Its product portfolio also includes specially alloyed steel components and wear-resistant parts that support drilling, completion and intervention activities in challenging reservoir environments.

Operating through multiple business segments, Schoeller-Bleckmann focuses on premium connections that ensure reliable pipe-to-pipe seals under high pressure and temperature conditions, as well as on drill-bit manufacturing and associated technical services.