Société BIC SA (OTCMKTS:BICEY) Sees Large Drop in Short Interest

Société BIC SA (OTCMKTS:BICEY) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totalling 500 shares, a drop of 44.4% from the December 15th total of 900 shares. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is presently 0.1 days.

Société BIC Price Performance

Société BIC stock traded down $0.22 during mid-day trading on Wednesday, reaching $31.60. 3,230 shares of the company’s stock traded hands, compared to its average volume of 2,341. Société BIC has a 12-month low of $29.07 and a 12-month high of $39.57. The stock has a 50 day moving average of $32.93 and a two-hundred day moving average of $32.76.

About Société BIC

Société BIC SA manufactures and sells stationery, lighter, shaver, and other products worldwide. It offers ball and coloring felt pens, glitter pens, markers, graphic and coloring pencils, shavers, mechanical pencils, sticky notes, printing products, stationery dyes, leads, white boards, correction tapes; pocket, utility, and decorated lighters; paints, gouache, watercolor, gels, highlighters, and various other products.