JCDecaux SE (OTCMKTS:JCDXF) Sees Significant Drop in Short Interest

JCDecaux SE (OTCMKTS:JCDXF - Get Free Report) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 5,400 shares, a drop of 36.5% from the March 31st total of 8,500 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 9.0 days. Currently, 0.0% of the company's shares are sold short.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded shares of JCDecaux to a "neutral" rating in a report on Tuesday, March 25th.

JCDecaux Stock Performance

Shares of JCDXF remained flat at $17.40 during trading hours on Wednesday. JCDecaux has a twelve month low of $14.95 and a twelve month high of $22.30. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.95 and a quick ratio of 0.88. The stock's 50 day simple moving average is $16.76 and its 200-day simple moving average is $16.67.

About JCDecaux

JCDecaux SE operates as an outdoor advertising company worldwide. It operates through three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment provides advertising services in shopping malls; rents street furniture; and sells and rents equipment, such as automatic public toilets, bikes, etc., as well as provides cleaning, maintenance, and other services.