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

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (OTCMKTS:SBOEF) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 4,900 shares, an increase of 4,800.0% from the February 13th total of 100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 49.0 days.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft Price Performance

SBOEF stock remained flat at $37.00 during midday trading on Wednesday. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft has a 12-month low of $37.00 and a 12-month high of $49.60. The stock’s 50 day simple moving average is $47.08 and its 200-day simple moving average is $48.68.

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.