SBM Offshore (OTCMKTS:SBFFF) Short Interest Up 32.4% in February

SBM Offshore (OTCMKTS:SBFFF) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 43,700 shares, an increase of 32.4% from the January 31st total of 33,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

SBM Offshore Stock Performance

Shares of SBM Offshore stock opened at $21.66 on Thursday. The business has a fifty day simple moving average of $18.41 and a 200-day simple moving average of $18.26. SBM Offshore has a fifty-two week low of $14.49 and a fifty-two week high of $21.66.

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.