SGS SA (OTCMKTS:SGSOY) Sees Large Increase in Short Interest

SGS SA (OTCMKTS:SGSOY) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 9,600 shares, a growth of 152.6% from the May 31st total of 3,800 shares. Based on an average daily volume of 105,800 shares, the days-to-cover ratio is currently 0.1 days.

SGS Stock Down 0.8 %

SGS stock traded down $0.07 during mid-day trading on Friday, reaching $8.84. The company’s stock had a trading volume of 107,620 shares, compared to its average volume of 78,155. The company has a quick ratio of 1.10, a current ratio of 1.21 and a debt-to-equity ratio of 5.76. SGS has a 12 month low of $7.97 and a 12 month high of $10.07. The business’s 50 day simple moving average is $9.07 and its 200 day simple moving average is $9.09.

About SGS

SGS SA provides inspection, testing, and verification services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources, and Business Assurance. The company provides laboratory testing, product inspection and consulting, process assessment, technical and transactional assistance; and automotive, connectivity, softlines and accessories, and hardgoods, toys, and juvenile products, as well as government and trade facilitation services.