Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Short Interest Update

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 32,000 shares, an increase of 32.2% from the May 31st total of 24,200 shares. Based on an average daily 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 $49.60 during trading on Monday. The stock’s 50-day moving average is $49.60 and its two-hundred day moving average is $46.82. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 12 month low of $48.15 and a 12 month high of $49.60.

About Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft

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.