Short Interest in Glanbia plc (OTCMKTS:GLAPF) Rises By 61.5%
by Kim Johansen · The Markets DailyGlanbia plc (OTCMKTS:GLAPF – Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,100 shares, an increase of 61.5% from the December 15th total of 1,300 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 7.0 days.
Glanbia Price Performance
Shares of Glanbia stock remained flat at $13.99 on Friday. The firm has a 50-day moving average of $14.90 and a 200 day moving average of $17.19. Glanbia has a one year low of $13.83 and a one year high of $20.00.
About Glanbia
Glanbia plc, together with its subsidiaries, operates as a nutrition company worldwide. The company offers sports nutrition and lifestyle nutrition products in various formats, such as powders, ready-to-eat bars and snacking food, and ready-to-drink beverage. It also manufactures and sells cheese, dairy, and non-dairy nutritional and functional ingredients; and vitamin and mineral premixes products.
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