Bollore S.A. (OTCMKTS:BOIVF) Short Interest Down 22.8% in March

Bollore S.A. (OTCMKTS:BOIVF) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 3,212,241 shares, a drop of 22.8% from the March 15th total of 4,159,161 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 140,258 shares, the short-interest ratio is currently 22.9 days.

Bollore Price Performance

Shares of Bollore stock opened at $5.86 on Wednesday. Bollore has a twelve month low of $4.96 and a twelve month high of $6.57. The company’s fifty day moving average is $5.54 and its 200 day moving average is $5.49.

About Bollore

Bolloré is a diversified French conglomerate active across transportation and logistics, energy storage and systems, and communications. The company operates through subsidiaries that offer freight forwarding, port operations, and supply chain management services, serving industries ranging from automotive and industrial to retail and healthcare. Its logistics arm, Bolloré Logistics, maintains a network of offices and logistics platforms in Europe, Africa, Asia, and the Americas, supporting import, export and customs services.

In energy storage, Bolloré has developed advanced lithium metal polymer (LMP) battery technology under its Blue Solutions division.