Close Brothers Group plc (OTCMKTS:CBGPF) Short Interest Up 1,184.7% in February

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 427,800 shares, an increase of 1,184.7% from the February 13th total of 33,300 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

Close Brothers Group Price Performance

Shares of CBGPF remained flat at $3.53 during mid-day trading on Wednesday. Close Brothers Group has a 12 month low of $2.42 and a 12 month high of $3.53. The firm has a 50-day moving average price of $3.00 and a two-hundred day moving average price of $5.20.

About Close Brothers Group

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.