Short Interest in Bouygues SA (OTCMKTS:BOUYY) Decreases By 46.1%

Bouygues SA (OTCMKTS:BOUYY) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 29,115 shares, a drop of 46.1% from the May 14th total of 54,056 shares. Based on an average daily volume of 119,858 shares, the days-to-cover ratio is presently 0.2 days.

Bouygues Stock Performance

Shares of OTCMKTS BOUYY opened at $11.59 on Friday. Bouygues has a 52 week low of $8.19 and a 52 week high of $12.50. The business has a 50-day simple moving average of $11.80 and a two-hundred day simple moving average of $11.23.

Bouygues Company Profile

Bouygues is a diversified French industrial group founded in 1952 by Francis Bouygues and headquartered in Paris. Over the decades, the company has grown from a small construction firm into a global conglomerate with operations spanning construction, real estate development, telecommunications and media. Martin Bouygues, the founder’s son, has served as Chairman and Chief Executive Officer since 1989, guiding the group through major strategic expansions and a sustained focus on innovation and sustainable development.

In the construction and concessions segment, Bouygues operates through Bouygues Construction, Bouygues Immobilier and Colas, delivering large-scale infrastructure projects including bridges, tunnels, roads and public transport systems.