Short Interest in Eiffage SA (OTCMKTS:EFGSY) Declines By 14.4%

Eiffage SA (OTCMKTS:EFGSY) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 530 shares, a decrease of 14.4% from the December 31st total of 619 shares. Based on an average daily trading volume, of 2,071 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 2,071 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Eiffage in a research note on Wednesday, January 7th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Eiffage Stock Performance

OTCMKTS:EFGSY opened at $29.96 on Wednesday. Eiffage has a fifty-two week low of $17.60 and a fifty-two week high of $30.57. The firm has a 50-day simple moving average of $28.72 and a two-hundred day simple moving average of $27.12.

Eiffage Company Profile

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.