JCDecaux SE (OTCMKTS:JCDXF) Short Interest Update

JCDecaux SE (OTCMKTS:JCDXF) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 700 shares, a decrease of 12.5% from the August 15th total of 800 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 2.3 days.

JCDecaux Trading Down 2.2 %

OTCMKTS:JCDXF opened at $18.05 on Monday. The business’s 50-day simple moving average is $19.65 and its 200-day simple moving average is $20.64. JCDecaux has a fifty-two week low of $11.40 and a fifty-two week high of $22.56.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft upgraded JCDecaux from a “hold” rating to a “buy” rating in a research report on Friday, August 25th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $18.03.

JCDecaux Company Profile

JCDecaux SE engages in the outdoor advertising activities worldwide. It operates through three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment is involved in advertising in shopping malls; renting of street furniture; selling and renting of equipment; and the provision of cleaning, maintenance, and other activities.