Bénéteau S.A. (OTCMKTS:BTEAF) Sees Significant Drop in Short Interest

Bénéteau S.A. (OTCMKTS:BTEAF – Get Rating) saw a large decrease in short interest during the month of December. As of December 30th, there was short interest totalling 1,100 shares, a decrease of 8.3% from the December 15th total of 1,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Bénéteau Stock Performance

Shares of Bénéteau stock opened at $16.22 on Tuesday. The company has a fifty day simple moving average of $11.21 and a 200-day simple moving average of $11.16. Bénéteau has a 12-month low of $16.22 and a 12-month high of $16.22.

Analyst Upgrades and Downgrades

Separately, Societe Generale lowered their target price on shares of Bénéteau from €14.50 ($15.76) to €14.10 ($15.33) in a report on Thursday, September 29th.

Bénéteau Company Profile

(Get Rating)

Bénéteau SA designs, manufactures, and sells boats and leisure homes in France and internationally. It provides boats under the Beneteau, Jeanneau, Lagoon, Prestige, Monte Carlo Yachts, Four Winns, Glastron, Scarab, WellCraft, EXCESS, and Delphia brand names; and leisure homes under the IRM, O'HARA, and Coco Sweet brand names.