Short Interest in Bodycote plc (OTCMKTS:BYPLF) Drops By 50.0%

Bodycote plc (OTCMKTS:BYPLF) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 100 shares, a drop of 50.0% from the January 15th total of 200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Bodycote Price Performance

OTCMKTS:BYPLF opened at $7.67 on Friday. Bodycote has a 52-week low of $6.94 and a 52-week high of $9.28. The stock has a fifty day moving average of $7.67 and a 200 day moving average of $7.93.

About Bodycote

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