Short Interest in Boyd Group Services Inc. (OTCMKTS:BYDGF) Expands By 53.9%

Boyd Group Services Inc. (OTCMKTS:BYDGF) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 138,800 shares, a growth of 53.9% from the October 31st total of 90,200 shares. Based on an average trading volume of 9,700 shares, the days-to-cover ratio is currently 14.3 days.

Boyd Group Services Stock Down 2.8 %

Shares of Boyd Group Services stock traded down $4.47 during trading hours on Friday, reaching $154.42. The company’s stock had a trading volume of 5,883 shares, compared to its average volume of 8,708. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.55 and a current ratio of 0.70. The stock’s fifty day simple moving average is $155.85 and its two-hundred day simple moving average is $167.00. The company has a market capitalization of $3.32 billion, a P/E ratio of 80.85 and a beta of 0.61. Boyd Group Services has a one year low of $143.50 and a one year high of $244.81.

Analyst Upgrades and Downgrades

BYDGF has been the topic of a number of analyst reports. Stifel Canada raised shares of Boyd Group Services to a “strong-buy” rating in a research note on Tuesday, October 15th. Royal Bank of Canada upgraded shares of Boyd Group Services to a “moderate buy” rating in a research note on Wednesday, November 6th. The Goldman Sachs Group raised Boyd Group Services to a “strong sell” rating in a report on Thursday, August 8th. Finally, Cibc World Mkts upgraded Boyd Group Services to a “strong-buy” rating in a research note on Friday, August 9th.

About Boyd Group Services

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.