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

Biffa plc (OTCMKTS:BFFBF) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,216,200 shares, a drop of 13.8% from the January 31st total of 1,410,800 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 3,040.5 days.

Biffa Price Performance

Shares of OTCMKTS BFFBF opened at $8.65 on Thursday. The stock has a fifty day moving average price of $8.29 and a 200 day moving average price of $5.96. Biffa has a 1-year low of $7.77 and a 1-year 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.