NFI Group Inc. (OTCMKTS:NFYEF) Short Interest Update

NFI Group Inc. (OTCMKTS:NFYEF – Get Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 175,989 shares, a growth of 426.5% from the June 15th total of 33,427 shares. Based on an average daily volume of 13,476 shares, the short-interest ratio is presently 13.1 days.

Analyst Upgrades and Downgrades

Several research firms have weighed in on NFYEF. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of NFI Group in a research report on Tuesday, May 12th. BMO Capital Markets reiterated an “outperform” rating on shares of NFI Group in a research report on Friday, May 8th. TD Securities reissued a “buy” rating on shares of NFI Group in a research note on Monday, May 11th. Finally, Scotiabank restated an “outperform” rating on shares of NFI Group in a report on Tuesday, April 28th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

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NFI Group Stock Up 1.7%

NFYEF stock traded up $0.30 during midday trading on Monday, hitting $17.56. The stock had a trading volume of 1,000 shares, compared to its average volume of 28,048. The company’s 50-day moving average price is $16.05 and its 200 day moving average price is $14.05. NFI Group has a 12-month low of $8.86 and a 12-month high of $17.56.

About NFI Group

(Get Free Report)

NFI Group Inc is a leading manufacturer of heavy-duty transit buses and coaches, offering a range of zero-emission, diesel, natural gas and hybrid solutions for public transportation authorities and private operators. Through its flagship brands—New Flyer in North America and Alexander Dennis in the United Kingdom—NFI Group develops, assembles and delivers complete transit and motorcoach vehicles designed to meet evolving environmental standards and customer demands for performance, safety and rider comfort.

Headquartered in Winnipeg, Manitoba, NFI Group operates multiple manufacturing facilities across Canada, the United States, Mexico and the United Kingdom, supported by a global parts, service and remanufacturing network.

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