Baker Hughes A GE Company Class A (NYSE:BHGE) Stock Is Shorted Less

May 17, 2018 - By Duane Lopez

The stock of Baker Hughes A GE Company Class A (NYSE:BHGE) registered a decrease of 10.64% in short interest. BHGE’s total short interest was 20.07M shares in May as published by FINRA. Its down 10.64% from 22.46 million shares, reported previously. With 4.47M shares average volume, it will take short sellers 5 days to cover their BHGE’s short positions. The short interest to Baker Hughes A GE Company Class A’s float is 4.7%.

The stock increased 0.35% or $0.13 during the last trading session, reaching $36.98. About 1.91 million shares traded. Baker Hughes, a GE company (NYSE:BHGE) has declined 27.82% since May 17, 2017 and is downtrending. It has underperformed by 39.37% the S&P500.

Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. The company has market cap of $41.92 billion. The firm offers upstream services, including evaluation, drilling, production, and completion; midstream services comprising equipment and services for LNG, and pipeline and storage; and chemical, mechanical, digital, and service solutions for refinery and petrochemical operations. It currently has negative earnings. It also provides power and processing technologies for industrial applications; and control, sensing, monitoring, and inspection solutions for industrial facilities.

More important recent Baker Hughes, a GE company (NYSE:BHGE) news were published by: Bizjournals.com which released: “Incline Equity’s portfolio company buys business from Baker Hughes” on May 08, 2018, also Seekingalpha.com published article titled: “W&T Offshore: What An Impressive Recovery”, Seekingalpha.com published: “Baker Hughes swings to Q1 profit on tax benefit” on April 20, 2018. More interesting news about Baker Hughes, a GE company (NYSE:BHGE) was released by: Seekingalpha.com and their article: “General Electric’s Death Could Be Best For Shareholders” with publication date: April 25, 2018.

Baker Hughes, a GE company (NYSE:BHGE) Ratings Chart

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