Bombardier Inc. (OTCMKTS:BDRBF) Sees Large Drop in Short Interest

Bombardier Inc. (OTCMKTS:BDRBF) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 716,100 shares, a decline of 6.9% from the December 31st total of 768,800 shares. Based on an average trading volume of 38,000 shares, the days-to-cover ratio is presently 18.8 days.

Bombardier Price Performance

BDRBF opened at $58.55 on Monday. The business has a fifty day simple moving average of $67.18 and a 200-day simple moving average of $68.96. Bombardier has a fifty-two week low of $31.86 and a fifty-two week high of $82.21.

About Bombardier

Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.