Short Interest in Close Brothers Group plc (OTCMKTS:CBGPY) Drops By 63.6%

Close Brothers Group plc (OTCMKTS:CBGPY) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 2,400 shares, a decline of 63.6% from the October 31st total of 6,600 shares. Based on an average daily trading volume, of 6,400 shares, the short-interest ratio is currently 0.4 days.

Close Brothers Group Stock Performance

CBGPY stock remained flat at $5.10 on Thursday. The firm has a 50 day simple moving average of $8.14 and a 200 day simple moving average of $10.77. Close Brothers Group has a 52 week low of $4.62 and a 52 week high of $20.40.

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.