Bird Construction Inc. (OTCMKTS:BIRDF) Short Interest Down 14.7% in March

Bird Construction Inc. (OTCMKTS:BIRDF) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 85,000 shares, a decline of 14.7% from the March 15th total of 99,700 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 21.8 days.

Bird Construction Stock Down 3.8 %

OTCMKTS:BIRDF opened at $13.46 on Friday. Bird Construction has a twelve month low of $6.07 and a twelve month high of $14.18. The stock’s 50 day moving average price is $13.06 and its two-hundred day moving average price is $10.61.

Analysts Set New Price Targets

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

About Bird Construction

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.