Close Brothers Group plc (OTCMKTS:CBGPY) Short Interest Update

Close Brothers Group plc (OTCMKTS:CBGPY) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 6,600 shares, an increase of 6,500.0% from the October 15th total of 100 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 1.8 days.

Close Brothers Group Stock Performance

CBGPY stock remained flat at $5.40 during mid-day trading on Tuesday. 4,105 shares of the company’s stock traded hands, compared to its average volume of 1,322. The firm’s 50 day moving average is $10.11 and its two-hundred day moving average is $11.35. Close Brothers Group has a twelve month low of $5.40 and a twelve month high of $20.40.

About Close Brothers Group

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.