Bureau Veritas SA (OTCMKTS:BVRDF) Short Interest Update

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

Bureau Veritas Price Performance

OTCMKTS:BVRDF opened at $31.90 on Wednesday. The firm’s fifty day simple moving average is $30.77 and its 200-day simple moving average is $30.36. Bureau Veritas has a fifty-two week low of $26.83 and a fifty-two week high of $32.15.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BVRDF shares. The Goldman Sachs Group upgraded Bureau Veritas to a “strong-buy” rating in a research report on Tuesday, October 1st. JPMorgan Chase & Co. lowered Bureau Veritas from an “overweight” rating to a “neutral” rating in a report on Wednesday, October 2nd.

About Bureau Veritas

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.