OC Oerlikon Co. AG (OTCMKTS:OERLF) Sees Significant Drop in Short Interest

OC Oerlikon Co. AG (OTCMKTS:OERLF) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 599,600 shares, a drop of 16.2% from the March 31st total of 715,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 5,996.0 days.

OC Oerlikon Stock Performance

OTCMKTS OERLF opened at $5.12 on Friday. The firm’s 50 day simple moving average is $4.08 and its 200 day simple moving average is $4.07. OC Oerlikon has a 1 year low of $3.35 and a 1 year high of $5.27.

About OC Oerlikon

OC Oerlikon Corporation AG provides surface engineering, polymer processing, and additive manufacturing services in Switzerland, Americas, the Asia-Pacific, and Europe. The company operates through two segments, Surface Solutions and Polymer Processing. It offers engine fan compressors, engine hot section, landing gears, actuation systems, aircraft interior, and hydraulic systems for aerospace; engine and brake systems, transmission, drive train, steering and suspension, exhaust systems, piping and tubing systems, exterior, lighting, green hydrogen, interior, heat exchanger and EGR coolers, peripherals and design parts, and thermal insulation systems for automotive; and oil and gas, and boilers, as well as hydro, gas, steam, and wind turbines for energy industry.