Eiffage SA (OTCMKTS:EFGSY) Sees Large Increase in Short Interest

Eiffage SA (OTCMKTS:EFGSY) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,800 shares, an increase of 100.0% from the March 31st total of 900 shares. Based on an average daily volume of 3,700 shares, the short-interest ratio is presently 0.5 days.

Eiffage Stock Performance

Shares of Eiffage stock traded up $0.36 during midday trading on Friday, reaching $21.56. The company had a trading volume of 500 shares, compared to its average volume of 1,732. The stock has a fifty day simple moving average of $21.79 and a 200 day simple moving average of $20.75. Eiffage has a 1-year low of $17.36 and a 1-year high of $23.50.

Eiffage Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 6th. Shareholders of record on Friday, May 17th will be issued a dividend of $0.8737 per share. The ex-dividend date of this dividend is Thursday, May 16th. This is a positive change from Eiffage’s previous dividend of $0.60. Eiffage’s payout ratio is currently 25.38%.

Eiffage Company Profile

Eiffage SA engages in the construction, property development, urban development, civil engineering, metallic construction, roads, energy systems, and concessions businesses in France and internationally. The company operates through Construction, Infrastructure, Energy Systems, Concessions, and Holding Company segments.