Short Interest in Close Brothers Group plc (OTCMKTS:CBGPF) Declines By 21.2%

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 337,000 shares, a decrease of 21.2% from the February 28th total of 427,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Close Brothers Group Price Performance

Shares of CBGPF stock opened at $3.53 on Tuesday. Close Brothers Group has a one year low of $2.42 and a one year high of $3.53. The company’s 50-day simple moving average is $3.31 and its 200-day simple moving average is $4.66.

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.