Bolloré SE (OTCMKTS:BOIVF) Sees Significant Drop in Short Interest

Bolloré SE (OTCMKTS:BOIVF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 482,300 shares, a decrease of 6.0% from the December 15th total of 513,000 shares. Based on an average daily trading volume, of 54,500 shares, the short-interest ratio is presently 8.8 days.

Bolloré Stock Performance

Shares of BOIVF opened at $6.06 on Friday. The business’s 50 day moving average is $6.05 and its 200 day moving average is $6.25. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.18 and a quick ratio of 1.08. Bolloré has a 12-month low of $5.76 and a 12-month high of $6.99.

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.