SBM Offshore (OTCMKTS:SBFFF) Short Interest Down 16.8% in September

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

SBM Offshore Price Performance

Shares of OTCMKTS SBFFF remained flat at $18.53 during midday trading on Friday. The company’s 50-day moving average price is $17.46 and its 200-day moving average price is $16.07. SBM Offshore has a 1 year low of $12.92 and a 1 year high of $18.53.

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.