Short Interest in Boyd Group Services Inc. (OTCMKTS:BYDGF) Increases By 36.0%

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 628,500 shares, an increase of 36.0% from the January 31st total of 462,200 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 153.3 days.

Boyd Group Services Price Performance

Shares of OTCMKTS:BYDGF opened at $165.71 on Wednesday. The company’s fifty day moving average is $159.93 and its two-hundred day moving average is $157.70. The company has a market cap of $3.56 billion, a P/E ratio of 86.76 and a beta of 0.59. Boyd Group Services has a 12-month low of $140.89 and a 12-month high of $241.87. The company has a quick ratio of 0.55, a current ratio of 0.70 and a debt-to-equity ratio of 0.62.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded shares of Boyd Group Services to a “moderate buy” rating in a report on Wednesday, November 6th.

About Boyd Group Services

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.