Boyd Group Services Inc. (OTCMKTS:BYDGF) Short Interest Up 60.9% in December

Boyd Group Services Inc. (OTCMKTS:BYDGF - Get Free Report) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 217,000 shares, an increase of 60.9% from the December 15th total of 134,900 shares. Based on an average daily trading volume, of 7,400 shares, the short-interest ratio is currently 29.3 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on BYDGF shares. Stifel Canada raised Boyd Group Services to a "strong-buy" rating in a research report on Tuesday, October 15th. Royal Bank of Canada upgraded Boyd Group Services to a "moderate buy" rating in a report on Wednesday, November 6th.

Boyd Group Services Stock Up 1.8 %

OTCMKTS BYDGF traded up $2.65 during trading hours on Wednesday, reaching $152.00. 4,672 shares of the company traded hands, compared to its average volume of 6,759. The company has a 50 day moving average of $152.39 and a two-hundred day moving average of $160.40. The stock has a market capitalization of $3.26 billion, a PE ratio of 79.58 and a beta of 0.57. Boyd Group Services has a 12 month low of $140.89 and a 12 month high of $244.81. The company has a current ratio of 0.70, a quick ratio of 0.55 and a debt-to-equity ratio of 0.62.

About Boyd Group Services

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.