SGS SA (OTCMKTS:SGSOY) Short Interest Up 7,550.0% in September

SGS SA (OTCMKTS:SGSOY) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 15,300 shares, an increase of 7,550.0% from the August 31st total of 200 shares. Based on an average daily trading volume, of 52,000 shares, the days-to-cover ratio is currently 0.3 days.

SGS Stock Down 2.4 %

Shares of SGSOY traded down $0.28 during trading hours on Friday, hitting $11.24. 35,873 shares of the stock were exchanged, compared to its average volume of 91,485. SGS has a 12-month low of $7.97 and a 12-month high of $11.54. The company has a quick ratio of 1.09, a current ratio of 1.23 and a debt-to-equity ratio of 4.45. The stock’s 50-day moving average price is $10.84 and its two-hundred day moving average price is $9.74.

SGS Company Profile

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.