Will ARCADIS NV ORDINARY SHARES (OTCMKTS:ARCVF) Run Out of Steam Soon? Short Interest is Up

October 2, 2018 - By Ruchi Gupta

Arcadis NV (OTCMKTS:ARCVF) Logo

The stock of ARCADIS NV ORDINARY SHARES (OTCMKTS:ARCVF) registered an increase of 0.21% in short interest. ARCVF’s total short interest was 1.07M shares in October as published by FINRA. Its up 0.21% from 1.07 million shares, reported previously. With 1,500 shares average volume, it will take short sellers 716 days to cover their ARCVF’s short positions.

It closed at $17.22 lastly. It is down 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Arcadis NV operates as a design and consultancy firm for natural and built assets worldwide. The company has market cap of $1.47 billion. It offers design, management, and consulting solutions for light, heavy, freight, and high-speed rail, as well as bridges and tunnels; planning, design, feasibility studies, and operational enhancements to new airports or the expansion of existing airports; mine development and exploration, transportation and logistics, and distribution services; consulting, design, and program and construction management services for large and complex programs; and planning, design, project and program management for port extensions, upgrades, or new port development. It has a 18.03 P/E ratio. The firm also provides water supply, treatment, management, and conveyance solutions for water boards, municipalities, provinces and states, and central governments, as well as private and public utilities.

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