Short Interest in Koninklijke BAM Groep nv (OTCMKTS:KBAGF) Declines By 47.7%

Koninklijke BAM Groep nv (OTCMKTS:KBAGFGet Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 95,681 shares, a decrease of 47.7% from the June 15th total of 182,862 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Upgrades and Downgrades

Separately, Oddo Bhf upgraded shares of Koninklijke BAM Groep from a “neutral” rating to an “outperform” rating in a research note on Friday, May 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Read Our Latest Analysis on KBAGF

Koninklijke BAM Groep Price Performance

Shares of OTCMKTS KBAGF remained flat at $10.42 during midday trading on Wednesday. Koninklijke BAM Groep has a 52-week low of $9.85 and a 52-week high of $11.85. The firm has a 50-day moving average price of $10.27 and a two-hundred day moving average price of $10.74.

About Koninklijke BAM Groep

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Koninklijke BAM Groep N.V., known internationally as Royal BAM Group, is a Netherlands-based construction and engineering firm with roots dating back to 1869. The company operates across building, civil engineering and property development activities, providing integrated services from project design and construction through to maintenance and facility management. Its building division handles residential, commercial and public-sector structures, while civil engineering focuses on large-scale infrastructure works such as roads, bridges, rail systems, tunnels and waterworks.

In addition to traditional contracting, Royal BAM Group is active in public-private partnerships (PPPs) and turnkey delivery models, often collaborating with government bodies and private investors to develop complex assets such as hospitals, schools and transport hubs.

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