SUBSEA 7 SA ORDINARY SHARES LUXEMBOURG (OTCMKTS:ACGYF) Sellers Increased By 0.68% Their Shorts

June 16, 2018 - By Marry Poplack

Subsea 7 S.A. (OTCMKTS:ACGYF) Logo

The stock of SUBSEA 7 SA ORDINARY SHARES LUXEMBOURG (OTCMKTS:ACGYF) registered an increase of 0.68% in short interest. ACGYF’s total short interest was 8.14 million shares in June as published by FINRA. Its up 0.68% from 8.09M shares, reported previously. The short interest to SUBSEA 7 SA ORDINARY SHARES LUXEMBOURG’s float is 3.2%.

It closed at $15.28 lastly. It is down 0.00% since June 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Subsea 7 S.A. operates as a seabed-to-surface engineering, construction, and services contractor to the offshore energy industry worldwide. The company has market cap of $5.03 billion. It provides subsea field development services and products, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore. It has a 11.26 P/E ratio. The firm also offers engineering, procurement, construction, and installation of subsea umbilicals, risers, and flowlines; life of field services, such as inspection, maintenance, repair, integrity management, and remote intervention of subsea infrastructure; conventional services comprising fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines; and hook-up services consisting of installation of modules on new platforms and the refurbishment of topsides of existing, fixed, and floating production facilities.

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