Bolloré SE (OTCMKTS:BOIVF) Sees Large Growth in Short Interest

Bolloré SE (OTCMKTS:BOIVF) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 619,600 shares, an increase of 11.7% from the January 15th total of 554,500 shares. Based on an average trading volume of 186,600 shares, the short-interest ratio is currently 3.3 days.

Bolloré Price Performance

Shares of BOIVF stock opened at $6.08 on Monday. Bolloré has a 1-year low of $5.74 and a 1-year high of $6.99. The company has a current ratio of 1.18, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. The firm’s 50-day simple moving average is $5.99 and its 200-day simple moving average is $6.21.

About Bolloré

Bolloré SE engages in the transportation and logistics, communications, and industry businesses in France, rest of Europe, the Americas, Asia, Oceania, and Africa. It operates through Bolloré Logistics, Bolloré Energy, Communications, and Industry segments. The company offers freight forwarding, railroad, and port services; and distributes oil products.