Bouygues SA (OTCMKTS:BOUYY) Sees Large Decline in Short Interest

Bouygues SA (OTCMKTS:BOUYY) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 12,192 shares, a drop of 85.9% from the August 15th total of 86,268 shares. Based on an average trading volume of 101,198 shares, the days-to-cover ratio is presently 0.1 days.

Bouygues Stock Up 0.6%

Shares of BOUYY opened at $10.17 on Friday. The company’s 50 day moving average price is $10.71 and its 200 day moving average price is $11.33. Bouygues has a 52 week low of $8.57 and a 52 week high of $12.50.

About Bouygues

Bouygues is a diversified French industrial group founded in 1952 by Francis Bouygues and headquartered in Paris. Over the decades, the company has grown from a small construction firm into a global conglomerate with operations spanning construction, real estate development, telecommunications and media. Martin Bouygues, the founder’s son, has served as Chairman and Chief Executive Officer since 1989, guiding the group through major strategic expansions and a sustained focus on innovation and sustainable development.

In the construction and concessions segment, Bouygues operates through Bouygues Construction, Bouygues Immobilier and Colas, delivering large-scale infrastructure projects including bridges, tunnels, roads and public transport systems.