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

Bombardier Inc. (OTCMKTS:BDRBF) 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.

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

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.