Boyd Group Services Inc. (OTCMKTS:BYDGF) Sees Large Growth in Short Interest

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 149,700 shares, a growth of 7.9% from the November 15th total of 138,800 shares. Based on an average trading volume of 9,100 shares, the short-interest ratio is currently 16.5 days.

Boyd Group Services Price Performance

Shares of OTCMKTS:BYDGF opened at $146.23 on Tuesday. The company has a market cap of $3.14 billion, a P/E ratio of 76.56 and a beta of 0.56. The company’s fifty day moving average is $155.00 and its two-hundred day moving average is $165.13. The company has a quick ratio of 0.55, a current ratio of 0.70 and a debt-to-equity ratio of 0.62. Boyd Group Services has a 12-month low of $142.14 and a 12-month high of $244.81.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Stifel Canada raised Boyd Group Services to a “strong-buy” rating in a research note on Tuesday, October 15th. Royal Bank of Canada upgraded shares of Boyd Group Services to a “moderate buy” rating in a research report on Wednesday, November 6th.

About Boyd Group Services

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.