JCDecaux SE (OTCMKTS:JCDXF) Sees Large Increase in Short Interest

JCDecaux SE (OTCMKTS:JCDXF) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 2,500 shares, an increase of 150.0% from the October 31st total of 1,000 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is currently 1.1 days.

Wall Street Analysts Forecast Growth

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

JCDecaux Price Performance

Shares of OTCMKTS:JCDXF opened at $14.95 on Friday. The business’s 50-day moving average is $19.29 and its 200 day moving average is $20.25. The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 0.88. JCDecaux has a 1 year low of $14.95 and a 1 year high of $22.30.

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.