Short Interest in SBM Offshore (OTCMKTS:SBFFF) Declines By 16.8%

SBM Offshore (OTCMKTS:SBFFF) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totalling 76,300 shares, a decrease of 16.8% from the August 31st total of 91,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

SBM Offshore Price Performance

Shares of OTCMKTS:SBFFF opened at $18.53 on Monday. SBM Offshore has a 1 year low of $12.92 and a 1 year high of $18.53. The business’s 50 day simple moving average is $17.46 and its 200 day simple moving average is $16.07.

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.