Boyd Group Services Inc. (OTCMKTS:BYDGF) Short Interest Up 7.9% in November

Boyd Group Services Inc. (OTCMKTS:BYDGF) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 149,700 shares, an increase of 7.9% from the November 15th total of 138,800 shares. Based on an average daily volume of 9,100 shares, the days-to-cover ratio is currently 16.5 days.

Boyd Group Services Price Performance

Boyd Group Services stock traded up $3.71 during mid-day trading on Friday, hitting $146.23. 7,064 shares of the company were exchanged, compared to its average volume of 2,231. The company has a market capitalization of $3.14 billion, a P/E ratio of 76.56 and a beta of 0.56. The business’s 50 day simple moving average is $155.18 and its two-hundred day simple moving average is $165.29. Boyd Group Services has a 12-month low of $142.14 and a 12-month high of $244.81. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.70 and a quick ratio of 0.55.

Analyst Upgrades and Downgrades

BYDGF has been the subject of a number of research reports. Royal Bank of Canada raised shares of Boyd Group Services to a “moderate buy” rating in a report on Wednesday, November 6th. Stifel Canada raised Boyd Group Services to a “strong-buy” rating in a report on Tuesday, October 15th.

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.