Short Interest in SBM Offshore (OTCMKTS:SBFFF) Declines By 16.8%

SBM Offshore (OTCMKTS:SBFFF) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 76,300 shares, a decrease of 16.8% from the August 31st total of 91,700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

SBM Offshore Stock Up 4.1 %

Shares of OTCMKTS:SBFFF opened at $18.53 on Monday. The business has a fifty day simple moving average of $17.46 and a 200 day simple moving average of $16.07. SBM Offshore has a 12-month low of $12.92 and a 12-month high of $18.53.

About SBM Offshore

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals.