Bénéteau S.A. (OTCMKTS:BTEAF) Sees Large Decrease in Short Interest

Bénéteau S.A. (OTCMKTS:BTEAF) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 15,290 shares, a decrease of 40.8% from the February 12th total of 25,848 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Bénéteau Price Performance

Bénéteau stock opened at $8.50 on Friday. Bénéteau has a 1-year low of $8.50 and a 1-year high of $8.96. The company’s 50-day moving average is $8.89 and its 200 day moving average is $8.99.

About Bénéteau

Bénéteau SA, headquartered in Saint-Gilles-Croix-de-Vie, France, is one of the world’s leading leisure marine manufacturers. The company specializes in the design, production and distribution of sailing yachts, motorboats and catamarans under a portfolio of well-known brands. Its products range from dayboats and family cruisers to luxury multihull vessels, catering to both private owners and charter operators.

With roots dating back to the late 19th century as a family-run shipyard, Bénéteau entered the fiberglass boat market in the 1960s and steadily expanded through organic growth and strategic acquisitions.