Diageo plc (OTCMKTS:DGEAF) Sees Large Growth in Short Interest

Diageo plc (OTCMKTS:DGEAF) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,954,200 shares, an increase of 33.4% from the January 31st total of 1,464,800 shares. Based on an average daily trading volume, of 13,500 shares, the short-interest ratio is currently 144.8 days.

Diageo Stock Up 3.8 %

OTCMKTS DGEAF opened at $28.48 on Thursday. Diageo has a 12 month low of $26.31 and a 12 month high of $37.59. The company has a 50-day moving average of $29.21 and a 200-day moving average of $30.91.

About Diageo

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.