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Bodycote, the world's leading metallurgical heat & surface treatment business, is about to be taken over by a private equity firm. The last six years have been anything but plain sailing, but despite an almost endless barrage of headwinds, Bodycote's annual results have generally been better than I'd expect from a 'metal bashing' industrial business. While Bodycote did manage to maintain or grow its dividend…

Bodycote (OTCMKTS:BYPLF - Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 14,981 shares, an increase of 201.8% from the July 15th total of 4,964 shares. Currently, 0.0% of the company's shares are sold short. Based on