Cap Gemini SA (OTCMKTS:CGEMY) Stock Short Interest Rises 101.8%

Cap Gemini SA (OTCMKTS:CGEMY) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 140,273 shares, an increase of 101.8% from the September 30th total of 69,494 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 215,859 shares, the days-to-cover ratio is currently 0.6 days.

Cap Gemini Trading Up 3.2%

Shares of CGEMY stock opened at $28.43 on Friday. Cap Gemini has a 1 year low of $19.42 and a 1 year high of $35.90. The stock has a 50 day simple moving average of $25.42 and a 200 day simple moving average of $24.59.

Wall Street Analyst Weigh In

CGEMY has been the topic of a number of recent research reports. Citigroup reaffirmed a “buy” rating on shares of Cap Gemini in a research report on Friday, October 2nd. Jefferies Financial Group reiterated a “hold” rating on shares of Cap Gemini in a research note on Thursday, August 20th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Cap Gemini

Capgemini SE is a global technology services and consulting company that helps organizations design, implement and manage digital business solutions. Its services include strategy and business consulting, technology consulting, systems integration, application development, cloud transformation, data and artificial intelligence, cybersecurity, engineering, and managed services.

The company serves clients across industries including financial services, manufacturing, automotive, telecommunications, media, retail, consumer products, energy, utilities, healthcare and the public sector.