Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Sees Significant Drop in Short Interest

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 100 shares, a decrease of 90.0% from the January 31st total of 1,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

Shares of SBOEF stock remained flat at $37.00 during trading hours on Friday. The business’s 50-day moving average price is $49.10 and its 200 day moving average price is $49.39. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 52 week low of $37.00 and a 52 week high of $49.60.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Company Profile

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft engages in the development, production, and marketing of stainless-steel products and drilling and completion equipment worldwide. The company operates in two segments, Advanced Manufacturing & Services, and Oilfield Equipment. The Advanced Manufacturing & Services segment manufactures high-alloy and non-magnetic stainless steels that offers high material strength and corrosion resistance, as well as customized high-precision MWD/LWD components, such as collars for use as high-tech housings for special logging instruments, sensors, antennas, and generators in the oil, gas, and other industries.