Biffa plc (OTCMKTS:BFFBF) Sees Large Decrease in Short Interest

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

Biffa Stock Performance

BFFBF remained flat at $7.79 during midday trading on Friday. 3,113 shares of the company’s stock were exchanged, compared to its average volume of 5,250. The company’s 50-day simple moving average is $6.94 and its 200-day simple moving average is $5.38. Biffa has a twelve month low of $7.77 and a twelve month high of $9.35.

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.