Short Interest in JCDecaux SE (OTCMKTS:JCDXF) Drops By 61.5%

JCDecaux SE (OTCMKTS:JCDXF - Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totalling 500 shares, a decline of 61.5% from the September 30th total of 1,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 5.0 days.

JCDecaux Stock Performance

Shares of OTCMKTS:JCDXF remained flat at $21.75 during trading on Monday. The stock's 50-day moving average is $20.20 and its two-hundred day moving average is $20.56. The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 0.88. JCDecaux has a 12 month low of $15.72 and a 12 month high of $22.30.

Analysts Set New Price Targets

Separately, Citigroup upgraded shares of JCDecaux to a "hold" rating in a report on Friday, October 11th.

About JCDecaux

JCDecaux SE operates as an outdoor advertising company worldwide. It operates through three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment provides advertising services in shopping malls; rents street furniture; and sells and rents equipment, such as automatic public toilets, bikes, etc., as well as provides cleaning, maintenance, and other services.