Bombardier Inc. (OTCMKTS:BDRBF) Short Interest Up 11.1% in September

Bombardier Inc. (OTCMKTS:BDRBFGet Free Report) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 899,900 shares, a growth of 11.1% from the August 31st total of 809,800 shares. Based on an average trading volume of 40,500 shares, the short-interest ratio is currently 22.2 days.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets boosted their price objective on shares of Bombardier from $95.00 to $129.00 and gave the company an “outperform” rating in a research report on Monday, June 3rd.

Get Our Latest Stock Analysis on BDRBF

Bombardier Trading Up 2.4 %

Shares of OTCMKTS:BDRBF opened at $76.04 on Tuesday. The stock has a 50 day moving average of $66.28 and a 200 day moving average of $59.13. Bombardier has a 12-month low of $29.22 and a 12-month high of $76.06.

Bombardier Company Profile

(Get Free Report)

Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.

Featured Articles

Receive News & Ratings for Bombardier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier and related companies with MarketBeat.com's FREE daily email newsletter.