Koninklijke BAM Groep nv (OTCMKTS:KBAGF) Sees Large Drop in Short Interest

Koninklijke BAM Groep nv (OTCMKTS:KBAGF) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 235,400 shares, a decline of 12.3% from the December 15th total of 268,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2,354.0 days.

Koninklijke BAM Groep Price Performance

Shares of KBAGF opened at $3.90 on Friday. The business’s 50 day moving average price is $4.12 and its 200-day moving average price is $3.93. Koninklijke BAM Groep has a 52 week low of $3.90 and a 52 week high of $4.80.

Koninklijke BAM Groep Company Profile

Koninklijke BAM Groep nv, together with its subsidiaries, provides products and services in the construction and property, civil engineering, and public private partnerships (PPP) sectors worldwide. The company engages in residential construction projects, and non-residential construction activities.