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

Bird Construction Inc. (OTCMKTS:BIRDF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 93,200 shares, a growth of 9.6% from the March 31st total of 85,000 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is currently 51.8 days.

Wall Street Analysts Forecast Growth

Separately, Raymond James lifted their target price on shares of Bird Construction from $18.50 to $20.50 and gave the company an “outperform” rating in a research note on Wednesday, March 6th.

Bird Construction Trading Up 1.5 %

Shares of BIRDF opened at $14.17 on Tuesday. Bird Construction has a one year low of $6.07 and a one year high of $14.20. The company’s fifty day moving average price is $13.49 and its 200 day moving average price is $11.10.

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.