Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) Short Interest Up 42.9% in August

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,000 shares, an increase of 42.9% from the August 15th total of 700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

OTCMKTS:SBOEF opened at $36.15 on Tuesday. The stock has a fifty day moving average price of $36.39 and a 200 day moving average price of $42.78. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 12-month low of $25.25 and a 12-month high of $50.10.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Company Profile

Schoeller-Bleckmann Oilfield Equipment AG manufactures and designs drilling equipment for the oil and gas service industry. It operates through two segments: Advanced Manufacturing & Services and Oilfield Equipment. The Advanced Manufacturing & Services segment comprises machining and repair of drill collars and complex measurement while drilling and logging while drilling components made of non-magnetic corrosion-resistant stainless steel, which form the housing for sensitive measuring instruments used for the precise measurement of inclination and azimuth of the drillstring as well as petrophysical parameters.

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