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

Bombardier Inc. (OTCMKTS:BDRBF) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 766,400 shares, a decline of 6.0% from the October 15th total of 815,500 shares. Based on an average trading volume of 25,300 shares, the days-to-cover ratio is currently 30.3 days.

Bombardier Stock Up 2.1 %

Shares of OTCMKTS BDRBF opened at $65.77 on Tuesday. Bombardier has a 12-month low of $31.86 and a 12-month high of $82.21. The company has a 50-day moving average of $73.37 and a 200 day moving average of $67.05.

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.