Short Interest in Arcadis NV (OTCMKTS:ARCAY) Declines By 58.7%

Arcadis NV (OTCMKTS:ARCAY) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 93 shares, a decline of 58.7% from the December 31st total of 225 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 323 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 323 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, UBS Group lowered shares of Arcadis from a “buy” rating to a “hold” rating in a research report on Friday, December 19th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Arcadis Price Performance

Shares of OTCMKTS ARCAY opened at $50.00 on Friday. The company has a 50-day simple moving average of $44.09 and a 200-day simple moving average of $47.71. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.86. Arcadis has a 12 month low of $28.86 and a 12 month high of $75.99.

About Arcadis

Arcadis NV (OTCMKTS:ARCAY) is a leading global design and consultancy firm specializing in the built and natural environment. The company provides a wide range of professional services, including infrastructure design, water management, environmental consulting, project and program management, and advisory services. Arcadis partners with public- and private-sector clients to develop sustainable solutions for urbanization, resource scarcity, and climate change challenges.

Founded in 1888 with origins in Dutch waterway engineering, Arcadis has evolved into a multinational organization operating in more than 70 countries.