Boyd Group Services Inc. (OTCMKTS:BYDGF) Sees Significant Increase in Short Interest

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 628,500 shares, an increase of 36.0% from the January 31st total of 462,200 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is presently 153.3 days.

Boyd Group Services Stock Performance

Shares of OTCMKTS BYDGF opened at $167.42 on Tuesday. The firm’s 50-day moving average price is $159.61 and its 200-day moving average price is $157.66. The company has a quick ratio of 0.55, a current ratio of 0.70 and a debt-to-equity ratio of 0.62. The company has a market cap of $3.60 billion, a PE ratio of 87.65 and a beta of 0.59. Boyd Group Services has a 52-week low of $140.89 and a 52-week high of $241.87.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised shares of Boyd Group Services to a “moderate buy” rating in a report on Wednesday, November 6th.

Boyd Group Services Company Profile

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.