SBM Offshore (OTCMKTS:SBFFF) Short Interest Down 41.2% in February

SBM Offshore (OTCMKTS:SBFFF) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 25,700 shares, a decline of 41.2% from the February 13th total of 43,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 257.0 days.

SBM Offshore Stock Performance

Shares of SBFFF opened at $21.66 on Monday. SBM Offshore has a twelve month low of $14.49 and a twelve month high of $21.66. The firm’s 50-day moving average is $19.03 and its two-hundred day moving average is $18.43.

About SBM Offshore

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.