Short Interest in JCDecaux SE (OTCMKTS:JCDXF) Drops By 24.8%

JCDecaux SE (OTCMKTS:JCDXF) was the target of a large drop in short interest in March. As of March 31st, there was short interest totalling 8,500 shares, a drop of 24.8% from the March 15th total of 11,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 85.0 days. Approximately 0.0% of the company’s stock are sold short.

JCDecaux Price Performance

JCDecaux stock remained flat at $15.45 during midday trading on Friday. JCDecaux has a 52 week low of $14.95 and a 52 week high of $22.30. The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 0.88. The company’s 50 day moving average is $16.56 and its 200 day moving average is $16.88.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut JCDecaux to a “neutral” rating in a research report on Tuesday, March 25th.

JCDecaux Company Profile

JCDecaux SE operates as an outdoor advertising company worldwide. It operates through three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment provides advertising services in shopping malls; rents street furniture; and sells and rents equipment, such as automatic public toilets, bikes, etc., as well as provides cleaning, maintenance, and other services.