Bird Construction Inc. (OTCMKTS:BIRDF) Sees Significant Growth in Short Interest

Bird Construction Inc. (OTCMKTS:BIRDF) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 99,700 shares, a growth of 983.7% from the February 29th total of 9,200 shares. Based on an average trading volume of 13,500 shares, the days-to-cover ratio is presently 7.4 days.

Bird Construction Stock Up 0.9 %

OTCMKTS BIRDF opened at $13.75 on Thursday. Bird Construction has a 1-year low of $6.07 and a 1-year high of $14.14. The business’s 50-day simple moving average is $12.45 and its 200-day simple moving average is $10.11.

Analyst Ratings Changes

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

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.