Close Brothers Group plc (OTCMKTS:CBGPY) Short Interest Update

Close Brothers Group plc (OTCMKTS:CBGPY) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 4,900 shares, a drop of 30.0% from the November 30th total of 7,000 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 1.6 days.

Close Brothers Group Price Performance

OTCMKTS CBGPY remained flat at $5.61 during trading on Friday. The company’s stock had a trading volume of 23 shares, compared to its average volume of 1,851. The business’s fifty day moving average is $5.99 and its 200 day moving average is $9.83. Close Brothers Group has a 52 week low of $4.62 and a 52 week high of $20.21.

Close Brothers Group Company Profile

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.