Bodycote (OTCMKTS:BYPLF) Short Interest Update

Bodycote (OTCMKTS:BYPLF) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 4,539 shares, a decrease of 16.6% from the December 31st total of 5,443 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 11.3 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 11.3 days.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on BYPLF shares. Barclays raised Bodycote from a “hold” rating to an “overweight” rating in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bodycote in a research note on Monday, October 6th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Bodycote Stock Performance

Shares of OTCMKTS:BYPLF remained flat at $10.05 during mid-day trading on Monday. The firm’s 50-day simple moving average is $8.72 and its two-hundred day simple moving average is $8.51. Bodycote has a fifty-two week low of $8.50 and a fifty-two week high of $10.05.

About Bodycote

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.