Boyd Group Services Inc. (OTCMKTS:BYDGF) Sees Significant Increase in Short Interest

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the recipient of a large growth in short interest in January. As of January 31st, there was short interest totalling 462,200 shares, a growth of 49.6% from the January 15th total of 309,000 shares. Based on an average daily trading volume, of 6,100 shares, the days-to-cover ratio is currently 75.8 days.

Boyd Group Services Stock Performance

Shares of Boyd Group Services stock remained flat at $165.83 on Thursday. The stock had a trading volume of 383 shares, compared to its average volume of 5,583. The firm has a market cap of $3.56 billion, a P/E ratio of 86.82 and a beta of 0.59. The company has a quick ratio of 0.55, a current ratio of 0.70 and a debt-to-equity ratio of 0.62. Boyd Group Services has a one year low of $140.89 and a one year high of $244.81. The firm’s 50 day moving average is $154.39 and its 200-day moving average is $157.19.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upgraded Boyd Group Services to a “moderate buy” rating in a report on Wednesday, November 6th.

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.