Short Interest in Bureau Veritas SA (OTCMKTS:BVRDF) Decreases By 61.6%

Bureau Veritas SA (OTCMKTS:BVRDF - Get Free Report) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 131,900 shares, a decrease of 61.6% from the December 31st total of 343,100 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,319.0 days.

Wall Street Analyst Weigh In

BVRDF has been the subject of several analyst reports. JPMorgan Chase & Co. cut Bureau Veritas from an "overweight" rating to a "neutral" rating in a report on Wednesday, October 2nd. The Goldman Sachs Group raised Bureau Veritas to a "strong-buy" rating in a research report on Tuesday, October 1st.

Bureau Veritas Price Performance

BVRDF remained flat at $31.90 during midday trading on Wednesday. The company's stock had a trading volume of 1 shares, compared to its average volume of 86. The firm has a 50 day moving average price of $30.77 and a two-hundred day moving average price of $30.36. Bureau Veritas has a fifty-two week low of $26.83 and a fifty-two week high of $32.15.

Bureau Veritas Company Profile

Bureau Veritas SA provides laboratory testing, inspection, and certification services. It operates through six segments: Marine & Offshore; Agri-Food & Commodities; Buildings & Infrastructure; Industry; Certification; and Consumer Products. The company engages in inspecting, analyzing, auditing, and certifying the products, assets, and management systems of its clients in relation to regulatory or self-imposed standards, as well as issues compliance reports.