Bureau Veritas SA (OTCMKTS:BVRDF) Short Interest Down 12.0% in November

Bureau Veritas SA (OTCMKTS:BVRDF) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 389,500 shares, a decline of 12.0% from the October 31st total of 442,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 3,895.0 days.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on BVRDF shares. JPMorgan Chase & Co. downgraded shares of Bureau Veritas from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 2nd. The Goldman Sachs Group raised Bureau Veritas to a “strong-buy” rating in a research report on Tuesday, October 1st.

Bureau Veritas Stock Performance

Bureau Veritas stock remained flat at $29.85 on Friday. The company has a fifty day moving average price of $31.46 and a 200-day moving average price of $29.94. Bureau Veritas has a twelve month low of $23.07 and a twelve month high of $32.15.

Bureau Veritas Company Profile

Bureau Veritas SA provides laboratory testing, inspection, and certification services. It operates through six segments: Marine & Offshore; Agri-Food & Commodities; Buildings & Infrastructure; Industry; Certification; and Consumer Products. The company engages in inspecting, analyzing, auditing, and certifying the products, assets, and management systems of its clients in relation to regulatory or self-imposed standards, as well as issues compliance reports.