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Bodycote plc (OTCMKTS:BYPLF) Sees Significant Decrease in Short Interest

Bodycote logo with Industrial Products background
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Bodycote plc (OTCMKTS:BYPLF - Get Free Report) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 100 shares, a drop of 50.0% from the January 15th total of 200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Bodycote Price Performance

OTCMKTS:BYPLF remained flat at $7.67 during trading hours on Monday. The business has a fifty day moving average price of $7.67 and a 200-day moving average price of $7.91. Bodycote has a fifty-two week low of $6.94 and a fifty-two week high of $9.28.

Bodycote Company Profile

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Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. The company offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and furnace/vacuum brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.

Further Reading

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