Short Interest in CCL Industries Inc. (OTCMKTS:CCDBF) Grows By 22.5%

CCL Industries Inc. (OTCMKTS:CCDBF) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 479,000 shares, an increase of 22.5% from the March 15th total of 391,100 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 435.5 days.

CCL Industries Price Performance

CCDBF stock opened at $49.46 on Monday. CCL Industries has a 52 week low of $45.89 and a 52 week high of $61.27. The firm has a 50-day simple moving average of $49.52 and a 200-day simple moving average of $52.56.

About CCL Industries

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.