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

Boyd Group Services Inc. (OTCMKTS:BYDGF) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 628,500 shares, an increase of 36.0% from the January 31st total of 462,200 shares. Based on an average trading volume of 4,100 shares, the short-interest ratio is presently 153.3 days.

Boyd Group Services Trading Up 0.0 %

Boyd Group Services stock opened at $167.42 on Tuesday. The stock has a market cap of $3.60 billion, a P/E ratio of 87.65 and a beta of 0.59. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.70 and a quick ratio of 0.55. Boyd Group Services has a 1 year low of $140.89 and a 1 year high of $241.87. The firm’s 50 day moving average price is $159.61 and its 200-day moving average price is $157.66.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded shares of Boyd Group Services to a “moderate buy” rating in a research 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.