Bolloré SE (OTCMKTS:BOIVF) Sees Significant Drop in Short Interest

Bolloré SE (OTCMKTS:BOIVF) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 193,300 shares, a drop of 29.6% from the March 31st total of 274,400 shares. Based on an average daily trading volume, of 29,100 shares, the short-interest ratio is currently 6.6 days.

Bolloré Stock Performance

Shares of OTCMKTS:BOIVF traded up $0.10 during midday trading on Friday, hitting $6.60. The company’s stock had a trading volume of 6,666 shares, compared to its average volume of 24,021. Bolloré has a 12-month low of $5.18 and a 12-month high of $6.96. The business’s 50 day simple moving average is $6.70 and its 200 day simple moving average is $6.21.

About Bolloré

Bolloré SE engages in the transportation and logistics, communications, and industry businesses in France, rest of Europe, the Americas, Asia, Oceania, and Africa. It operates through Bolloré Logistics, Bolloré Energy, Communications, and Industry segments. The company offers freight forwarding, railroad, and port services; and distributes oil products.