Koninklijke BAM Groep nv (OTCMKTS:KBAGF) Short Interest Down 31.6% in October

Koninklijke BAM Groep nv (OTCMKTS:KBAGF) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 54,100 shares, a decrease of 31.6% from the September 30th total of 79,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 541.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 541.0 days.

Wall Street Analyst Weigh In

Separately, Oddo Bhf lowered Koninklijke BAM Groep to a “neutral” rating in a report on Wednesday, July 16th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Koninklijke BAM Groep currently has an average rating of “Hold”.

Koninklijke BAM Groep Stock Performance

Shares of OTCMKTS KBAGF opened at $9.85 on Friday. The company’s 50-day simple moving average is $8.32 and its 200-day simple moving average is $7.42. Koninklijke BAM Groep has a 52-week low of $5.45 and a 52-week high of $9.85.

About Koninklijke BAM Groep

Koninklijke BAM Groep nv, together with its subsidiaries, provides products and services in the construction and property, civil engineering, and public private partnerships (PPP) sectors worldwide. The company engages in residential construction projects, and non-residential construction activities.