Eiffage SA (OTCMKTS:EFGSY) Sees Significant Increase in Short Interest

Eiffage SA (OTCMKTS:EFGSY) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 1,200 shares, a growth of 140.0% from the December 15th total of 500 shares. Based on an average daily volume of 6,400 shares, the short-interest ratio is presently 0.2 days.

OTCMKTS EFGSY opened at $21.49 on Friday. The stock has a 50 day moving average of $20.03 and a 200-day moving average of $20.38. Eiffage has a 12 month low of $18.01 and a 12 month high of $23.67.

Several brokerages recently issued reports on EFGSY. Societe Generale reiterated a “buy” rating on shares of Eiffage in a research report on Tuesday, September 28th. Royal Bank of Canada reissued an “outperform” rating on shares of Eiffage in a report on Monday, October 25th. Morgan Stanley reaffirmed an “overweight” rating on shares of Eiffage in a research note on Wednesday, September 22nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Eiffage in a research note on Thursday, December 2nd. Finally, Barclays reaffirmed an “overweight” rating on shares of Eiffage in a research note on Thursday, November 4th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $20.85.

Eiffage Company Profile

Eiffage SA is a holding company, which engages in the concessions and public-private partnerships, construction and public works. The company was founded on June 12, 1920 and is headquartered in Vélizy-Villacoublay, France.

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