Société BIC SA (OTCMKTS:BICEY) Sees Large Increase in Short Interest

Société BIC SA (OTCMKTS:BICEY) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 4,242 shares, an increase of 165.8% from the May 14th total of 1,596 shares. Based on an average daily trading volume, of 5,062 shares, the short-interest ratio is presently 0.8 days.

Société BIC Price Performance

Shares of OTCMKTS BICEY traded up $0.30 during trading hours on Friday, hitting $32.14. 1,656 shares of the stock were exchanged, compared to its average volume of 7,545. The company’s 50 day moving average is $33.43 and its 200 day moving average is $31.67. Société BIC has a one year low of $26.56 and a one year high of $36.11.

Société BIC Company Profile

Société BIC is a global consumer goods company best known for its portfolio of disposable products in three core categories: stationery, lighters and shavers. Its stationery range includes ballpoint pens, mechanical pencils, markers and correction products, led by the iconic BIC Cristal pen, which has become one of the world’s top-selling writing instruments. In the lighter segment, BIC designs and manufactures butane lighters under its flagship BIC® brand, along with promotional and collectible lighter offerings through its BIC Graphic division.