Bouygues SA (OTCMKTS:BOUYY) Sees Large Increase in Short Interest

Bouygues SA (OTCMKTS:BOUYY) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 137,300 shares, an increase of 19.2% from the February 28th total of 115,200 shares. Based on an average daily volume of 79,100 shares, the days-to-cover ratio is currently 1.7 days.

Bouygues Price Performance

Shares of BOUYY opened at $7.95 on Wednesday. Bouygues has a 1 year low of $5.52 and a 1 year high of $8.19. The company’s fifty day moving average is $7.02 and its two-hundred day moving average is $6.51.

About Bouygues

Bouygues SA, together with its subsidiaries, operates in the construction, energy, telecom, media, and transport infrastructure sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; builds and maintains roads and motorways, airport runways, ports, industrial logistics hubs, external works and amenities, reserved-lane public transport, recreational facilities, and environmental projects, as well as undertakes civil engineering, road safety, and signaling activities; produces, distributes, sells, and recycles aggregates, emulsions, asphalt mixes, ready-mix concrete, and bitumen; construction, renewal, and maintenance of rail networks; and installation and maintenance of pipes and pipelines.