Close Brothers Group plc (OTCMKTS:CBGPY) Short Interest Update

Close Brothers Group plc (OTCMKTS:CBGPY) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 400 shares, a decline of 78.9% from the March 15th total of 1,900 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 0.7 days.

Close Brothers Group Stock Up 3.8 %

Shares of CBGPY traded up $0.29 during mid-day trading on Wednesday, hitting $7.85. The company’s stock had a trading volume of 100 shares, compared to its average volume of 831. Close Brothers Group has a 1-year low of $4.62 and a 1-year high of $14.45. The firm has a 50-day simple moving average of $7.95 and a 200 day simple moving average of $7.22.

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.