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

Bombardier Inc. (OTCMKTS:BDRBF) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 716,100 shares, a decline of 6.9% from the December 15th total of 768,800 shares. Based on an average daily volume of 38,000 shares, the days-to-cover ratio is currently 18.8 days.

Bombardier Price Performance

OTCMKTS:BDRBF opened at $61.01 on Friday. The firm has a 50 day simple moving average of $68.51 and a 200-day simple moving average of $69.32. Bombardier has a 1-year low of $31.86 and a 1-year high of $82.21.

Bombardier Company Profile

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.