Bénéteau S.A. (OTCMKTS:BTEAF) Stock Short Interest Jumps 46.7%
by Teresa Graham · The Cerbat GemBénéteau S.A. (OTCMKTS:BTEAF – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 16,244 shares, an increase of 46.7% from the August 31st total of 11,073 shares. Based on an average daily volume of 16 shares, the short-interest ratio is currently 1,015.2 days.
Bénéteau Stock Performance
BTEAF stock remained flat at $5.77 on Thursday. Bénéteau has a 12 month low of $5.63 and a 12 month high of $6.80. The stock has a 50 day moving average price of $6.78 and a 200 day moving average price of $7.89.
About Bénéteau
Bénéteau is a French company that designs, manufactures and sells recreational boats for private and professional use. Its product range includes sailing yachts, motorboats, catamarans and luxury yachts, serving customers involved in cruising, leisure boating, chartering and marine tourism.
The company’s portfolio includes brands such as Bénéteau, Jeanneau, Lagoon, Prestige, Excess and Delphia. These brands offer monohull sailboats, motor yachts, sailing and power catamarans, and other vessels across a range of sizes and price points.