Short Interest in CCL Industries Inc. (OTCMKTS:CCDBF) Expands By 12.5%

CCL Industries Inc. (OTCMKTS:CCDBF) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 294,400 shares, an increase of 12.5% from the October 15th total of 261,700 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is currently 39.8 days.

CCL Industries Stock Performance

Shares of CCDBF traded down $1.24 during trading hours on Friday, hitting $54.81. 49,278 shares of the company were exchanged, compared to its average volume of 6,496. The firm’s 50 day moving average is $59.35 and its 200-day moving average is $55.38. CCL Industries has a 52 week low of $37.36 and a 52 week high of $61.27.

CCL Industries Company Profile

CCL Industries Inc manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through CCL, Avery, Checkpoint, and Innovia segments. The CCL segment converts pressure sensitive and extruded film materials for a range of decorative, instructional, security, and functional applications for government institutions and global customers in consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets.