Boyd Group Services Inc. (OTCMKTS:BYDGF) Short Interest Update

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 138,800 shares, an increase of 53.9% from the October 31st total of 90,200 shares. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is currently 14.3 days.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Cibc World Mkts raised Boyd Group Services to a “strong-buy” rating in a research note on Friday, August 9th. Stifel Canada raised shares of Boyd Group Services to a “strong-buy” rating in a research note on Tuesday, October 15th. Royal Bank of Canada raised shares of Boyd Group Services to a “moderate buy” rating in a research report on Wednesday, November 6th. Finally, The Goldman Sachs Group upgraded Boyd Group Services to a “strong sell” rating in a research note on Thursday, August 8th.

Boyd Group Services Price Performance

Shares of BYDGF stock traded down $4.47 on Friday, reaching $154.42. The company’s stock had a trading volume of 5,883 shares, compared to its average volume of 8,708. The stock’s fifty day simple moving average is $155.85 and its 200-day simple moving average is $167.00. The company has a current ratio of 0.70, a quick ratio of 0.55 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 80.85 and a beta of 0.61. Boyd Group Services has a 1 year low of $143.50 and a 1 year high of $244.81.

About Boyd Group Services

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.