Arcadis NV (OTCMKTS:ARCAY) Sees Large Growth in Short Interest

Arcadis NV (OTCMKTS:ARCAY) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,731 shares, an increase of 12,264.3% from the September 15th total of 14 shares. Based on an average daily volume of 1,354 shares, the short-interest ratio is presently 1.3 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research cut Arcadis from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Arcadis Stock Performance

OTCMKTS:ARCAY remained flat at $44.81 during trading hours on Friday. The stock has a fifty day moving average of $49.03 and a 200-day moving average of $41.93. Arcadis has a one year low of $27.03 and a one year high of $75.99.

Arcadis Company Profile

Arcadis N.V. is a Netherlands-based global design, engineering and consultancy company that helps public- and private-sector clients plan, develop and manage natural and built assets. Its work spans infrastructure, buildings, water systems, environmental projects and urban development.

The company provides services including engineering and architectural design, project and program management, environmental consulting, climate adaptation, water management, remediation, transportation planning and digital solutions.