Short Interest in Cap Gemini SA (OTCMKTS:CGEMY) Rises By 235.6%

Cap Gemini SA (OTCMKTS:CGEMY) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 130,278 shares, an increase of 235.6% from the November 30th total of 38,821 shares. Based on an average daily trading volume, of 306,237 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 306,237 shares, the short-interest ratio is currently 0.4 days.

Cap Gemini Stock Up 0.1%

CGEMY opened at $33.30 on Friday. The firm’s 50-day simple moving average is $31.52 and its 200-day simple moving average is $30.81. Cap Gemini has a twelve month low of $25.98 and a twelve month high of $39.07.

Analysts Set New Price Targets

Separately, Zacks Research cut Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Cap Gemini Company Profile

Cap Gemini (OTCMKTS: CGEMY), commonly known as Capgemini, is a global professional services and consulting firm that provides technology-led business transformation services. The company’s core activities include management and IT consulting, systems integration, application development and maintenance, cloud migration and managed services. Capgemini delivers solutions across the digital value chain, combining strategy, design, engineering and operations to help clients modernize legacy systems, implement cloud platforms, deploy data and AI capabilities, and secure IT environments.

Founded in 1967 by Serge Kampf and headquartered in Paris, Capgemini has grown through organic expansion and strategic acquisitions to broaden its capabilities and geographic footprint.