Eiffage SA (OTCMKTS:EFGSY) Short Interest Up 396.3% in April

Eiffage SA (OTCMKTS:EFGSY) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 6,258 shares, an increase of 396.3% from the March 31st total of 1,261 shares. Based on an average daily volume of 5,130 shares, the short-interest ratio is presently 1.2 days.

Eiffage Trading Down 2.5%

Shares of EFGSY opened at $31.07 on Friday. The company’s fifty day moving average is $32.43 and its two-hundred day moving average is $29.40. Eiffage has a fifty-two week low of $23.65 and a fifty-two week high of $35.58.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Eiffage in a report on Tuesday, February 24th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About Eiffage

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.