Greggs plc (OTCMKTS:GGGSF) Sees Large Decline in Short Interest

Greggs plc (OTCMKTS:GGGSF) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 500 shares, a decrease of 37.5% from the October 15th total of 800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 5.0 days.

Greggs Price Performance

Shares of OTCMKTS GGGSF opened at $38.00 on Friday. The firm’s 50-day moving average price is $38.00 and its two-hundred day moving average price is $37.18. Greggs has a 52-week low of $35.00 and a 52-week high of $38.00.

About Greggs

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.