Black Diamond Group Ltd. (OTCMKTS:BDIMF) Shares Shorted: Short Interest Up 52.8% in September

Black Diamond Group Ltd. (OTCMKTS:BDIMF – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 719,338 shares, a growth of 52.8% from the August 31st total of 470,693 shares. Based on an average daily volume of 12,633 shares, the short-interest ratio is presently 56.9 days. Approximately 1.4% of the shares of the stock are sold short.

Black Diamond Group Stock Performance

OTCMKTS BDIMF opened at $14.56 on Friday. The business’s 50-day moving average price is $13.09 and its 200 day moving average price is $12.88. Black Diamond Group has a twelve month low of $9.70 and a twelve month high of $15.35. The company has a market capitalization of $994.59 million, a PE ratio of 58.24 and a beta of 0.74. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.92.

Black Diamond Group (OTCMKTS:BDIMF – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.07 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.07. Black Diamond Group had a net margin of 4.60% and a return on equity of 7.24%. The business had revenue of $90.71 million for the quarter, compared to analysts’ expectations of $91.57 million.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets reiterated an “outperform” rating on shares of Black Diamond Group in a report on Thursday, June 11th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

Check Out Our Latest Analysis on Black Diamond Group

Black Diamond Group Company Profile

(Get Free Report)

Black Diamond Group Limited is a Canadian company that provides modular space and workforce accommodation solutions. Its services support organizations operating in remote, industrial, commercial, institutional and infrastructure-related environments.

Through its workforce solutions operations, the company supplies and manages temporary and permanent lodging facilities, including remote camps, workforce housing and related hospitality services. Its space solutions business provides modular buildings and relocatable workspaces for uses such as offices, classrooms, healthcare facilities, retail locations and other customized applications.

Black Diamond Group serves customers primarily in Canada, the United States and Australia.

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