Bucher Industries AG (OTCMKTS:BCHHF) Shares Shorted: Short Interest Up 48.7% in September

Bucher Industries AG (OTCMKTS:BCHHF) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 8,141 shares, a growth of 48.7% from the August 31st total of 5,475 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada lowered shares of Bucher Industries to a “sector perform” rating in a report on Friday, July 3rd. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Bucher Industries Price Performance

BCHHF opened at $379.66 on Thursday. The company’s 50 day simple moving average is $379.66 and its 200-day simple moving average is $414.73. Bucher Industries has a one year low of $379.66 and a one year high of $476.00.

Bucher Industries Company Profile

Bucher Industries AG is a Switzerland-based mechanical engineering group that develops and manufactures specialized machinery, systems and components for agricultural, municipal and industrial applications. The company traces its origins to 1807 and is headquartered in Niederweningen, Switzerland.

Its operating businesses include Kuhn Group, which produces agricultural machinery such as plows, seeders, hay and forage equipment, and crop protection machinery. Bucher Municipal supplies vehicles and equipment for road sweeping, winter road maintenance and refuse collection.