DCC plc (OTCMKTS:DCCPF – Get Free Report) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 42,400 shares, a drop of 16.7% from the December 31st total of 50,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 424.0 days.
DCC Price Performance
DCCPF remained flat at $67.30 during trading on Monday. DCC has a 12 month low of $65.80 and a 12 month high of $73.38. The business’s fifty day moving average is $68.55 and its two-hundred day moving average is $69.68.
Analyst Ratings Changes
DCCPF has been the topic of a number of research analyst reports. Royal Bank of Canada raised DCC from a “hold” rating to a “moderate buy” rating in a report on Wednesday, January 15th. UBS Group upgraded shares of DCC to a “strong-buy” rating in a research note on Thursday, December 5th.
About DCC
DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.
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