Short Interest in Close Brothers Group plc (OTCMKTS:CBGPF) Decreases By 12.1%

by · The Cerbat Gem

Close Brothers Group plc (OTCMKTS:CBGPF – Get Free Report) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 10,200 shares, a decline of 12.1% from the December 15th total of 11,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 102.0 days.

Close Brothers Group Stock Performance

Shares of CBGPF stock remained flat at $2.42 during trading hours on Friday. Close Brothers Group has a 1 year low of $3.53 and a 1 year high of $3.53. The stock’s 50-day simple moving average is $3.24 and its 200 day simple moving average is $6.80.

About Close Brothers Group

(Get Free Report)

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.

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