Cap Gemini SA (OTCMKTS:CGEMY) Shares Shorted: Short Interest Down 42.6% in September

Cap Gemini SA (OTCMKTS:CGEMY) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 69,494 shares, a decrease of 42.6% from the September 15th total of 120,977 shares. Based on an average daily trading volume, of 248,841 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Citigroup reissued a “buy” rating on shares of Cap Gemini in a research note on Friday, October 2nd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Cap Gemini in a research note on Thursday, August 20th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Cap Gemini currently has a consensus rating of “Hold”.

Cap Gemini Price Performance

Shares of CGEMY opened at $27.30 on Friday. The stock has a 50-day moving average price of $24.82 and a 200 day moving average price of $23.52. Cap Gemini has a one year low of $19.42 and a one year high of $35.90.

About Cap Gemini

Capgemini SE is a global provider of consulting, technology, digital transformation and engineering services. The company helps organizations design and implement technology strategies, modernize legacy systems and improve business operations through software, cloud computing, data and artificial intelligence.

Its offerings include management and technology consulting, applications and systems integration, cloud services, cybersecurity, data and analytics, artificial intelligence, engineering and research and development services.