Bodycote plc (OTCMKTS:BYPLF) Sees Large Decline in Short Interest

Bodycote plc (OTCMKTS:BYPLF) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the January 15th total of 200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Bodycote Stock Performance

BYPLF stock remained flat at $7.67 during trading on Thursday. The stock’s fifty day moving average price is $7.67 and its two-hundred day moving average price is $7.95. Bodycote has a fifty-two week low of $6.94 and a fifty-two week high of $9.28.

About Bodycote

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.