Close Brothers Group plc (OTCMKTS:CBGPF) Sees Large Growth in Short Interest

Close Brothers Group plc (OTCMKTS:CBGPF) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 19,500 shares, an increase of 69.6% from the August 31st total of 11,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Close Brothers Group Price Performance

Shares of OTCMKTS CBGPF opened at $6.50 on Wednesday. Close Brothers Group has a 52-week low of $4.47 and a 52-week high of $6.50. The business has a 50-day moving average price of $5.67 and a 200 day moving average price of $4.81.

About Close Brothers Group

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.