Bucher Industries AG (OTCMKTS:BCHHF) Sees Large Increase in Short Interest

Bucher Industries AG (OTCMKTS:BCHHF) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 6,700 shares, an increase of 24.1% from the June 30th total of 5,400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 67.0 days.

Bucher Industries Stock Performance

Shares of OTCMKTS:BCHHF remained flat at $463.10 during trading on Monday. The firm’s 50 day moving average price is $463.10 and its two-hundred day moving average price is $443.97. Bucher Industries has a 52-week low of $390.00 and a 52-week high of $463.10.

Bucher Industries Company Profile

Bucher Industries AG engagers in the manufacture and sale of machinery, systems, and hydraulic components for harvesting, producing and packaging food products, and keeping roads and public spaces clean and safe in Asia, the Americas, Europe, and internationally. It operates through five divisions: Kuhn Group, Bucher Municipal, Bucher Hydraulics, Bucher Emhart Glass, and Bucher Specials.