Diageo plc (OTCMKTS:DGEAF) Short Interest Up 14.6% in December

Diageo plc (OTCMKTS:DGEAF) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,015,900 shares, a growth of 14.6% from the December 15th total of 886,300 shares. Based on an average daily volume of 5,400 shares, the short-interest ratio is currently 188.1 days.

Diageo Price Performance

OTCMKTS:DGEAF traded up $0.95 during trading hours on Friday, hitting $29.76. 275 shares of the company traded hands, compared to its average volume of 2,497. Diageo has a one year low of $28.22 and a one year high of $38.17. The firm’s 50-day simple moving average is $30.44 and its 200-day simple moving average is $31.65.

Diageo Company Profile

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.