Davide Campari-Milano (OTCMKTS:DVDCF) Sees Significant Decline in Short Interest

Davide Campari-Milano (OTCMKTS:DVDCF) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 19,439,400 shares, a drop of 11.7% from the January 15th total of 22,024,600 shares. Based on an average daily trading volume, of 8,500 shares, the days-to-cover ratio is currently 2,287.0 days.

Davide Campari-Milano Stock Up 1.8 %

OTCMKTS:DVDCF traded up $0.10 during trading hours on Tuesday, reaching $5.60. 3,000 shares of the company traded hands, compared to its average volume of 4,371. The company has a quick ratio of 1.06, a current ratio of 2.61 and a debt-to-equity ratio of 0.65. Davide Campari-Milano has a 1 year low of $5.34 and a 1 year high of $10.85. The business’s 50-day moving average price is $5.92 and its two-hundred day moving average price is $7.19.

Davide Campari-Milano Company Profile

Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverages in the Americas, the Middle East, Africa, Europe, and the Asia-Pacific. It offers a range of spirits categories, including aperitif, vodka, liqueurs, whisky, tequila, rum, Sparkling wine, mezcal, champagne, gin, and cognac, as well as ready to drink and non-alcoholic aperitif under the Aperol, Campari, SKYY, Wild Turkey, Grand Marnier, Jamaican Rums, Espolòn, Sparkling Wine&Vermouth, Crodino, The GlenGrant, Magnum Tonic Wine, Montelobos, Ancho Reyes, Lallier, Forty Creek, X-Rated, and other brands.