Short Interest in Biffa plc (OTCMKTS:BFFBF) Drops By 13.0%

Biffa plc (OTCMKTS:BFFBF) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,537,400 shares, a drop of 13.0% from the December 15th total of 1,767,700 shares. Based on an average daily volume of 6,300 shares, the days-to-cover ratio is currently 244.0 days.

Biffa Stock Performance

Biffa stock remained flat at $7.79 during mid-day trading on Friday. Biffa has a fifty-two week low of $7.77 and a fifty-two week high of $9.35. The firm’s fifty day moving average is $6.22 and its 200 day moving average is $5.13.

About Biffa

Biffa plc provides waste management services in the United Kingdom. The company operates in two segments, Collections and Resources & Energy. It is involved in the collection, recycling, treatment, processing, and disposal of waste, and production of energy. The company offers general waste collection, dry mixed recycling, food waste collection, single stream recycling, hazardous waste collection and treatment, unplanned waste removal, skip hire, asbestos waste disposal, and bin cleaning services for businesses in sectors, including the construction, facilities management, hospitality and events, logistics waste solutions, manufacturing and production, public, retail waste management, and utilities.