Short Interest in SBM Offshore (OTCMKTS:SBFFY) Grows By 50.0%

SBM Offshore (OTCMKTS:SBFFY) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 300 shares, a growth of 50.0% from the August 31st total of 200 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 300 shares, the short-interest ratio is currently 1.0 days.

SBM Offshore Price Performance

Shares of SBFFY stock opened at $25.88 on Tuesday. SBM Offshore has a 1-year low of $16.90 and a 1-year high of $27.90. The stock has a 50-day moving average of $26.14 and a 200-day moving average of $23.32.

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.