Bollore S.A. (OTCMKTS:BOIVF) Short Interest Down 22.8% in March

Key Points

• Short interest in Bolloré fell by 22.8% in March to 3,212,241 shares (about 0.1% of shares), yielding a short-interest ratio of 22.9 days based on average daily volume of 140,258 shares.
• Shares opened at $5.86, trading in a 12‑month range of $4.96 to $6.57, with a 50‑day moving average of $5.54 and a 200‑day moving average of $5.49.
• Bolloré is a diversified French conglomerate in transportation/logistics, energy storage and communications, with a notable focus on lithium metal polymer (LMP) battery technology through its Blue Solutions unit and a global logistics network.

Bollore S.A. (OTCMKTS:BOIVF - Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 3,212,241 shares, a drop of 22.8% from the March 15th total of 4,159,161 shares. Approximately 0.1% of the company's shares are sold short. Based on an average trading volume of 140,258 shares, the short-interest ratio is currently 22.9 days.

Bollore Price Performance

Shares of Bollore stock opened at $5.86 on Wednesday. Bollore has a twelve month low of $4.96 and a twelve month high of $6.57. The company's fifty day moving average is $5.54 and its 200 day moving average is $5.49.

About Bollore

Bolloré is a diversified French conglomerate active across transportation and logistics, energy storage and systems, and communications. The company operates through subsidiaries that offer freight forwarding, port operations, and supply chain management services, serving industries ranging from automotive and industrial to retail and healthcare. Its logistics arm, Bolloré Logistics, maintains a network of offices and logistics platforms in Europe, Africa, Asia, and the Americas, supporting import, export and customs services.

In energy storage, Bolloré has developed advanced lithium metal polymer (LMP) battery technology under its Blue Solutions division.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.