Short Interest in Bodycote plc (OTCMKTS:BYPLF) Expands By 1,100.0%

Bodycote plc (OTCMKTS:BYPLF) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 1,200 shares, a growth of 1,100.0% from the September 15th total of 100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 12.0 days.

Bodycote Price Performance

Shares of BYPLF opened at $7.50 on Friday. Bodycote has a 52 week low of $7.50 and a 52 week high of $9.28. The company’s 50 day moving average price is $8.82 and its 200 day moving average price is $8.66.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on BYPLF shares. Barclays raised Bodycote to a “hold” rating in a research note on Friday, August 16th. Royal Bank of Canada raised shares of Bodycote to a “hold” rating in a research note on Wednesday, July 31st.

Bodycote Company Profile

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. 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 vacuum and honeycomb 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.