Short Interest in SBM Offshore (OTCMKTS:SBFFF) Declines By 28.2%

SBM Offshore (OTCMKTS:SBFFF) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 96,600 shares, a drop of 28.2% from the March 31st total of 134,600 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is presently 42.0 days.

SBM Offshore Price Performance

Shares of SBM Offshore stock remained flat at $15.16 during trading on Monday. The company has a 50 day moving average price of $15.09 and a two-hundred day moving average price of $14.31. SBM Offshore has a fifty-two week low of $12.92 and a fifty-two week high of $16.10.

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.