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

Eiffage SA (OTCMKTS:EFGSY) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 50,513 shares, a growth of 271.6% from the September 30th total of 13,592 shares. Based on an average trading volume of 67,331 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on EFGSY shares. Morgan Stanley restated an “overweight” rating on shares of Eiffage in a research report on Tuesday, September 22nd. Zacks Research downgraded shares of Eiffage from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 2nd. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Eiffage has an average rating of “Hold”.

Eiffage Stock Down 0.9%

EFGSY stock traded down $0.21 during trading on Thursday, reaching $22.56. The stock had a trading volume of 6,087 shares, compared to its average volume of 7,905. Eiffage has a 52 week low of $21.52 and a 52 week high of $35.58. The stock’s 50 day moving average is $24.23 and its two-hundred day moving average is $28.91.

Eiffage Company Profile

Eiffage is a French engineering, construction and concessions company whose shares trade in the United States under the symbol EFGSY. The company operates across the infrastructure and built-environment sectors, combining contracting activities with the development and operation of long-term concession assets.

Its construction and infrastructure businesses provide services including civil engineering, transportation infrastructure, building construction, urban development, and maintenance.