Short Interest in Eiffage SA (OTCMKTS:EFGSY) Rises By 3,507.9%

Eiffage SA (OTCMKTS:EFGSY) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 1,371 shares, an increase of 3,507.9% from the November 30th total of 38 shares. Based on an average daily trading volume, of 2,615 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 2,615 shares, the short-interest ratio is currently 0.5 days.

Wall Street Analyst Weigh In

EFGSY has been the topic of a number of research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Eiffage in a report on Tuesday, December 2nd. Barclays restated an “overweight” rating on shares of Eiffage in a research report on Monday, September 8th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Eiffage Price Performance

Shares of EFGSY stock traded down $0.25 during trading hours on Wednesday, hitting $28.50. 818 shares of the company’s stock traded hands, compared to its average volume of 1,917. The stock’s fifty day simple moving average is $26.69 and its two-hundred day simple moving average is $26.76. Eiffage has a 12-month low of $16.54 and a 12-month high of $29.96.

About Eiffage

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.