Bolloré SE (OTCMKTS:BOIVF) Sees Large Increase in Short Interest

Bolloré SE (OTCMKTS:BOIVF) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 354,200 shares, a growth of 21.1% from the October 15th total of 292,500 shares. Based on an average daily volume of 44,800 shares, the days-to-cover ratio is presently 7.9 days.

Bolloré Price Performance

Bolloré stock traded down $0.06 during midday trading on Friday, hitting $6.04. 46,841 shares of the company were exchanged, compared to its average volume of 34,232. The company has a quick ratio of 1.08, a current ratio of 1.18 and a debt-to-equity ratio of 0.07. The business has a fifty day simple moving average of $6.38 and a two-hundred day simple moving average of $6.38. Bolloré has a fifty-two week low of $5.61 and a fifty-two week high of $6.99.

About Bolloré

Bolloré SE engages in the transportation and logistics, communications, and industry businesses in France, rest of Europe, the Americas, Asia, Oceania, and Africa. It operates through Bolloré Logistics, Bolloré Energy, Communications, and Industry segments. The company offers freight forwarding, railroad, and port services; and distributes oil products.