Carlsberg A/S (OTCMKTS:CABGY) Sees Large Decline in Short Interest

Carlsberg A/S (OTCMKTS:CABGY) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totalling 19,400 shares, a decrease of 16.7% from the May 31st total of 23,300 shares. Based on an average trading volume of 108,200 shares, the days-to-cover ratio is currently 0.2 days.

Carlsberg A/S Stock Performance

Shares of OTCMKTS:CABGY opened at $23.91 on Monday. The firm has a 50 day simple moving average of $27.13 and a 200 day simple moving average of $26.66. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.52 and a current ratio of 0.64. Carlsberg A/S has a 52 week low of $23.32 and a 52 week high of $32.07.

Carlsberg A/S Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.