Short Interest in Bombardier Inc. (OTCMKTS:BDRBF) Rises By 24.1%

Bombardier Inc. (OTCMKTS:BDRBF) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 996,100 shares, an increase of 24.1% from the November 15th total of 802,700 shares. Based on an average daily trading volume, of 47,600 shares, the days-to-cover ratio is currently 20.9 days.

Bombardier Stock Performance

Shares of BDRBF stock traded down $0.72 during trading hours on Friday, hitting $72.92. 24,539 shares of the company were exchanged, compared to its average volume of 34,940. Bombardier has a one year low of $31.86 and a one year high of $82.21. The business’s 50-day simple moving average is $73.50 and its two-hundred day simple moving average is $68.92.

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.