Bureau Veritas SA (OTCMKTS:BVRDF) Sees Large Decrease in Short Interest

Bureau Veritas SA (OTCMKTS:BVRDF) was the target of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 364,100 shares, a decline of 6.5% from the November 15th total of 389,500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 1,820.5 days.

Bureau Veritas Price Performance

BVRDF stock opened at $29.85 on Wednesday. Bureau Veritas has a 12 month low of $23.71 and a 12 month high of $32.15. The firm’s fifty day simple moving average is $31.46 and its 200-day simple moving average is $29.97.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BVRDF shares. The Goldman Sachs Group upgraded Bureau Veritas to a “strong-buy” rating in a research note on Tuesday, October 1st. JPMorgan Chase & Co. downgraded 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.