Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) Short Interest Up 74.4% in February

Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 237,404 shares, a growth of 74.4% from the January 29th total of 136,159 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 337 shares, the short-interest ratio is presently 704.5 days. Based on an average daily volume of 337 shares, the short-interest ratio is presently 704.5 days. Currently, 0.1% of the shares of the company are sold short.

Bureau Veritas Registre International De Classification Stock Performance

Shares of Bureau Veritas Registre International De Classification stock remained flat at $33.49 during trading on Friday. 4 shares of the stock were exchanged, compared to its average volume of 691. The firm’s 50 day moving average price is $31.87 and its 200-day moving average price is $31.84. Bureau Veritas Registre International De Classification has a 52 week low of $29.27 and a 52 week high of $34.15.

Analysts Set New Price Targets

Several brokerages recently issued reports on BVRDF. Royal Bank Of Canada downgraded shares of Bureau Veritas Registre International De Classification from a “sector perform” rating to an “underperform” rating in a research note on Monday, December 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Bureau Veritas Registre International De Classification in a research report on Monday, December 1st. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

About Bureau Veritas Registre International De Classification

Bureau Veritas Registre International De Classification (OTCMKTS:BVRDF) is the over-the-counter ticker for Bureau Veritas SA, a global leader in testing, inspection and certification (TIC) services. Founded in 1828 and headquartered in Paris, France, the company evolved from a maritime classification society into a diversified provider of conformity assessment solutions. Today, Bureau Veritas operates through a network of laboratories, inspection sites and offices to help clients manage risk, ensure quality and comply with regulatory standards.

The company’s core activities span four primary service lines.