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 days-to-cover ratio is presently 16.5 days.

Wall Street Analysts Forecast Growth

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

Boyd Group Services Stock Up 2.6 %

Shares of BYDGF stock traded up $3.71 during mid-day trading on Monday, hitting $146.23. The company’s stock had a trading volume of 7,000 shares, compared to its average volume of 2,231. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of 76.56 and a beta of 0.56. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.55 and a current ratio of 0.70. Boyd Group Services has a 52-week low of $142.14 and a 52-week high of $244.81. The business has a 50-day moving average price of $155.18 and a 200 day moving average price of $165.27.

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.