NFI Group Inc. (OTCMKTS:NFYEF) Short Interest Update

NFI Group Inc. (OTCMKTS:NFYEF) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 33,427 shares, a decrease of 68.8% from the May 31st total of 107,237 shares. Based on an average daily trading volume, of 17,874 shares, the short-interest ratio is presently 1.9 days.

Analyst Upgrades and Downgrades

NFYEF has been the subject of several recent research reports. TD Securities reiterated a “buy” rating on shares of NFI Group in a research report on Monday, May 11th. BMO Capital Markets reaffirmed an “outperform” rating on shares of NFI Group in a research note on Friday, May 8th. Scotiabank reiterated an “outperform” rating on shares of NFI Group in a report on Tuesday, April 28th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of NFI Group in a research note on Tuesday, May 12th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

NFI Group Stock Up 2.0%

OTCMKTS:NFYEF traded up $0.34 on Monday, reaching $17.10. The company’s stock had a trading volume of 1,857 shares, compared to its average volume of 24,931. NFI Group has a 1-year low of $8.86 and a 1-year high of $17.25. The business’s 50-day moving average price is $15.74 and its two-hundred day moving average price is $13.59.

About NFI Group

NFI Group Inc is a leading manufacturer of heavy-duty transit buses and coaches, offering a range of zero-emission, diesel, natural gas and hybrid solutions for public transportation authorities and private operators. Through its flagship brands—New Flyer in North America and Alexander Dennis in the United Kingdom—NFI Group develops, assembles and delivers complete transit and motorcoach vehicles designed to meet evolving environmental standards and customer demands for performance, safety and rider comfort.

Headquartered in Winnipeg, Manitoba, NFI Group operates multiple manufacturing facilities across Canada, the United States, Mexico and the United Kingdom, supported by a global parts, service and remanufacturing network.