SBM Offshore (OTCMKTS:SBFFF) Short Interest Down 35.5% in January

SBM Offshore (OTCMKTS:SBFFF) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 33,000 shares, a drop of 35.5% from the January 15th total of 51,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 330.0 days.

SBM Offshore Price Performance

Shares of OTCMKTS SBFFF opened at $17.74 on Friday. SBM Offshore has a 12 month low of $12.92 and a 12 month high of $19.34. The stock has a 50-day moving average price of $17.76 and a two-hundred day moving average price of $17.92.

SBM Offshore Company Profile

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals.