Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFF) Sees Significant Decline in Short Interest

Badger Infrastructure Solutions Ltd. (OTCMKTS:BADFF) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 211,400 shares, a decline of 23.5% from the February 28th total of 276,300 shares. Based on an average daily volume of 9,700 shares, the short-interest ratio is presently 21.8 days.

Badger Infrastructure Solutions Stock Performance

Shares of BADFF stock opened at $28.07 on Wednesday. The stock’s 50-day simple moving average is $27.68 and its 200-day simple moving average is $27.27. Badger Infrastructure Solutions has a fifty-two week low of $24.68 and a fifty-two week high of $37.72.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BADFF shares. Raymond James reiterated an “outperform” rating on shares of Badger Infrastructure Solutions in a research note on Friday, March 7th. CIBC reiterated an “outperform” rating on shares of Badger Infrastructure Solutions in a report on Monday, February 3rd.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services in Canada and the United States. Its Badger Hydrovac technology uses a pressurized water stream to liquefy the soil cover, which is then removed with a vacuum system and deposited into a storage tank. The company offers daylighting services for visual confirmation of buried lines, directional drilling test holes, sacrificial anode installation, pipeline and utility crossings, and subsurface utility engineering test holes applications; and debris removal services for frac tank clean-outs, road and box culvert clean-outs, pipe-rammed casing clean-outs, ballast and filter media removal, and inside structures and buildings material removal.