Bird Construction Inc. (OTCMKTS:BIRDF) Sees Significant Drop in Short Interest

Bird Construction Inc. (OTCMKTS:BIRDF) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 371,000 shares, a decline of 8.1% from the October 15th total of 403,600 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is currently 168.6 days.

Bird Construction Stock Performance

Shares of OTCMKTS:BIRDF traded down $0.20 during midday trading on Monday, hitting $20.35. 300 shares of the stock traded hands, compared to its average volume of 3,340. Bird Construction has a one year low of $8.65 and a one year high of $23.49. The business’s 50 day moving average is $19.74 and its two-hundred day moving average is $18.22.

About Bird Construction

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.