Carlsberg A/S (OTCMKTS:CABGY) Short Interest Update

Carlsberg A/S (OTCMKTS:CABGY) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 8,300 shares, a decrease of 93.1% from the October 15th total of 120,800 shares. Based on an average daily trading volume, of 227,400 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Barclays raised Carlsberg A/S to a “hold” rating in a research report on Monday, September 30th.

Carlsberg A/S Price Performance

Shares of OTCMKTS CABGY traded down $0.50 during trading on Thursday, hitting $20.26. 210,953 shares of the company traded hands, compared to its average volume of 114,520. The business’s fifty day moving average is $22.81 and its 200 day moving average is $24.56. Carlsberg A/S has a fifty-two week low of $20.10 and a fifty-two week high of $29.59.

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.