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

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on BVRDF shares. JPMorgan Chase & Co. downgraded shares of 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 report on Tuesday, October 1st.

Bureau Veritas Stock Performance

Bureau Veritas stock remained flat at $29.85 during trading hours on Monday. 4,911 shares of the company’s stock were exchanged, compared to its average volume of 2,164. Bureau Veritas has a 52 week low of $23.71 and a 52 week high of $32.15. The business’s fifty day moving average price is $31.51 and its 200 day moving average price is $29.97.

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.