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

Bird Construction Inc. (OTCMKTS:BIRDF – Get Rating) was the target of significant short-term interest growth in April. As of April 15, there were short interests totaling 153,900 shares, an 88.8% growth from the March 31 total of 81,500 shares. Based on an average trading volume of 500 shares, the day-to-cover ratio is currently 307.8 days.

Separately, Stifel Nicolaus reduced his price target on Bird Construction from C$14.25 to C$13.75 in a Thursday, March 10 research report. Eight research analysts rated the stock with a buy rating. According to, the company currently has an average rating of “Buy” and a consensus price target of $12.79.

OTCMKTS BIRDF opened at $6.86 on Friday. Bird Construction has a 52-week low of $6.39 and a 52-week high of $8.51. The company has a 50-day moving average price of $7.23 and a 200-day moving average price of $7.56.

Bird Construction Company Profile (Get an assessment)

Bird Construction Inc operates as a general contractor in Canada. The company primarily focuses on projects in the industrial, commercial and institutional sectors of the general contracting industry. It constructs industrial buildings, including manufacturing, processing, distribution and warehousing facilities; undertakes structural, mechanical, piping, electrical and instrumentation work which includes off-site fabrication of metal and modules; and provides insulation, metal facing and coating, conduit, asbestos removal, and high voltage testing and commissioning services, as well as power line construction.

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