Eiffage SA (OTCMKTS:EFGSY) Short Interest Up 400.0% in March

Eiffage SA (OTCMKTS:EFGSY) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,500 shares, a growth of 400.0% from the March 15th total of 300 shares. Based on an average daily trading volume, of 2,700 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Barclays reaffirmed an “overweight” rating on shares of Eiffage in a research report on Thursday, March 6th. Royal Bank of Canada reissued an “outperform” rating on shares of Eiffage in a research report on Monday, March 24th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Eiffage in a research report on Tuesday, March 18th.

Eiffage Stock Up 6.8 %

Shares of OTCMKTS:EFGSY traded up $1.62 during trading on Monday, hitting $25.38. 1,664 shares of the company were exchanged, compared to its average volume of 2,280. The firm’s 50 day moving average price is $21.52 and its 200-day moving average price is $19.25. Eiffage has a 12-month low of $16.54 and a 12-month high of $25.38.

About Eiffage

Eiffage SA engages in the construction, property development, urban development, civil engineering, metallic construction, roads, energy systems, and concessions businesses in France and internationally. The company operates through Construction, Infrastructure, Energy Systems, Concessions, and Holding Company segments.