Bird Construction Inc. (OTCMKTS:BIRDF) Short Interest Down 6.4% in September

Bird Construction Inc. (OTCMKTS:BIRDF) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 189,700 shares, a drop of 6.4% from the August 31st total of 202,600 shares. Based on an average daily volume of 8,500 shares, the short-interest ratio is presently 22.3 days.

Analysts Set New Price Targets

Separately, Stifel Nicolaus increased their target price on Bird Construction from $25.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, June 11th.

Bird Construction Stock Up 0.6 %

Shares of Bird Construction stock opened at $17.55 on Monday. Bird Construction has a twelve month low of $7.32 and a twelve month high of $20.44. The firm’s 50-day moving average price is $17.23 and its 200 day moving average price is $16.42.

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.