Close Brothers Group plc (OTCMKTS:CBGPF) Sees Large Drop in Short Interest

Close Brothers Group plc (OTCMKTS:CBGPF) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 11,600 shares, a decline of 98.2% from the November 30th total of 636,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Close Brothers Group Stock Performance

Shares of OTCMKTS CBGPF opened at $3.53 on Friday. Close Brothers Group has a 52 week low of $3.53 and a 52 week high of $3.53. The business’s 50 day moving average price is $4.41 and its 200 day moving average price is $7.45.

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.