Short Interest in Eiffage SA (OTCMKTS:EFGSY) Rises By 3,350.0%

Eiffage SA (OTCMKTS:EFGSY) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 6,900 shares, anincreaseof3,350.0% from the June 30th total of 200 shares. Based on an average daily volume of 3,800 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 3,800 shares, the short-interest ratio is presently 1.8 days.

Analyst Ratings Changes

A number of brokerages have issued reports on EFGSY. Morgan Stanley restated an “overweight” rating on shares of Eiffage in a research report on Wednesday. Santander lowered shares of Eiffage to a “neutral” rating in a research report on Tuesday, May 6th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Eiffage Price Performance

Shares of OTCMKTS:EFGSY opened at $26.75 on Friday. The firm has a 50 day simple moving average of $27.37 and a 200 day simple moving average of $24.38. Eiffage has a one year low of $16.54 and a one year high of $29.00.

Eiffage Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 9th. Investors of record on Wednesday, May 21st were paid a $0.7926 dividend. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a yield of 276.0%. Eiffage’s dividend payout ratio is presently 25.38%.

Eiffage Company Profile

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.