Bollore S.A. (OTCMKTS:BOIVF) Sees Large Drop in Short Interest

Bollore S.A. (OTCMKTS:BOIVFGet Free Report) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 3,212,241 shares, a decrease of 22.8% from the March 15th total of 4,159,161 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 140,258 shares, the short-interest ratio is presently 22.9 days.

Bollore Stock Performance

OTCMKTS:BOIVF opened at $5.84 on Friday. Bollore has a twelve month low of $4.96 and a twelve month high of $6.57. The company has a 50-day moving average of $5.55 and a 200-day moving average of $5.50.

About Bollore

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Bolloré is a diversified French conglomerate active across transportation and logistics, energy storage and systems, and communications. The company operates through subsidiaries that offer freight forwarding, port operations, and supply chain management services, serving industries ranging from automotive and industrial to retail and healthcare. Its logistics arm, Bolloré Logistics, maintains a network of offices and logistics platforms in Europe, Africa, Asia, and the Americas, supporting import, export and customs services.

In energy storage, Bolloré has developed advanced lithium metal polymer (LMP) battery technology under its Blue Solutions division.

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