Short Interest in SBM Offshore (OTCMKTS:SBFFF) Expands By 61.4%

SBM Offshore (OTCMKTS:SBFFF) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 258,700 shares, an increase of 61.4% from the September 15th total of 160,300 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

SBM Offshore Price Performance

SBFFF stock opened at $27.20 on Wednesday. The stock has a 50-day moving average price of $27.10 and a two-hundred day moving average price of $24.86. SBM Offshore has a 12-month low of $16.90 and a 12-month high of $27.20.

SBM Offshore Company Profile

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals.