Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) Sees Significant Growth in Short Interest

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 400 shares, a growth of 100.0% from the March 15th total of 200 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 0.6 days.

Groupe Bruxelles Lambert Trading Down 4.8 %

OTCMKTS:GBLBY traded down $0.39 during midday trading on Friday, reaching $7.69. 1,176 shares of the stock traded hands, compared to its average volume of 1,105. The company has a fifty day moving average of $7.72 and a 200 day moving average of $7.50. Groupe Bruxelles Lambert has a 12 month low of $6.70 and a 12 month high of $10.00.

About Groupe Bruxelles Lambert

Groupe Bruxelles Lambert SA invests in a portfolio of industrial, consumer goods, and business service companies operating in various sectors in Belgium, other European countries, North America, and internationally. The company operates through seven segments: Holding, Imerys, Webhelp, Canyon, Affidea, Sanoptis, and GBL Capital and Sienna Investment Managers.