Bird Construction Inc. (OTCMKTS:BIRDF) Short Interest Update

Bird Construction Inc. (OTCMKTS:BIRDF) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 149,600 shares, an increase of 37.9% from the June 30th total of 108,500 shares. Based on an average daily trading volume, of 2,700 shares, the short-interest ratio is presently 55.4 days.

Analyst Ratings Changes

Separately, Stifel Nicolaus upped their target price on shares of Bird Construction from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th.

Bird Construction Stock Performance

Shares of BIRDF traded up $0.16 during midday trading on Friday, hitting $18.87. The stock had a trading volume of 459 shares, compared to its average volume of 3,222. Bird Construction has a twelve month low of $6.55 and a twelve month high of $20.44. The company has a 50 day simple moving average of $18.05 and a two-hundred day simple moving average of $14.80.

Bird Construction Company Profile

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.