JCDecaux SE (OTCMKTS:JCDXF) Sees Significant Drop in Short Interest

JCDecaux SE (OTCMKTS:JCDXF) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 3,500 shares, a drop of 5.4% from the December 31st total of 3,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 35.0 days.

JCDecaux Price Performance

Shares of OTCMKTS:JCDXF remained flat at $15.17 during midday trading on Monday. JCDecaux has a fifty-two week low of $14.95 and a fifty-two week high of $22.30. The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 0.88. The company’s 50 day moving average price is $15.26 and its 200-day moving average price is $18.43.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of JCDecaux to a “hold” rating in a research report on Friday, October 11th.

JCDecaux Company Profile

JCDecaux SE operates as an outdoor advertising company worldwide. It operates through three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment provides advertising services in shopping malls; rents street furniture; and sells and rents equipment, such as automatic public toilets, bikes, etc., as well as provides cleaning, maintenance, and other services.