Bénéteau S.A. (OTCMKTS:BTEAF) Shares Shorted: Short Interest Up 664.1% in October

Bénéteau S.A. (OTCMKTS:BTEAF) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 122,587 shares, an increase of 664.1% from the September 30th total of 16,044 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Bénéteau Stock Performance

Shares of BTEAF opened at $5.77 on Wednesday. Bénéteau has a 12-month low of $5.63 and a 12-month high of $6.80. The business’s fifty day moving average is $6.29 and its 200 day moving average is $7.90.

Bénéteau Company Profile

Bénéteau is a French manufacturer of recreational boats and one of the best-known companies in the global boating industry. Founded in 1884 by Benjamin Bénéteau in Saint-Gilles-Croix-de-Vie, France, the company initially built fishing vessels before expanding into sailing and motorboats. Its first sailing yacht was introduced in the 1960s, helping establish Bénéteau as a major producer of leisure craft.

The company develops and manufactures monohull sailboats, catamarans, motorboats, yachts and luxury vessels for private owners, charter operators and professional customers.