Short Interest in Arcadis NV (OTCMKTS:ARCAY) Grows By 33.9%

Arcadis NV (OTCMKTS:ARCAY) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 225 shares, a growth of 33.9% from the December 15th total of 168 shares. Based on an average daily trading volume, of 409 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 409 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, UBS Group cut shares of Arcadis from a “buy” rating to a “hold” rating in a research report on Friday, December 19th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Arcadis Stock Performance

ARCAY stock opened at $52.50 on Monday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.27 and a current ratio of 1.27. Arcadis has a 52-week low of $28.86 and a 52-week high of $75.99. The company’s 50 day simple moving average is $42.60 and its 200-day simple moving average is $47.54.

About Arcadis

Arcadis NV (OTCMKTS:ARCAY) is a leading global design and consultancy firm specializing in the built and natural environment. The company provides a wide range of professional services, including infrastructure design, water management, environmental consulting, project and program management, and advisory services. Arcadis partners with public- and private-sector clients to develop sustainable solutions for urbanization, resource scarcity, and climate change challenges.

Founded in 1888 with origins in Dutch waterway engineering, Arcadis has evolved into a multinational organization operating in more than 70 countries.