Clicks Group Limited (OTCMKTS:CLCGY) Short Interest Up 218.5% in August

Clicks Group Limited (OTCMKTS:CLCGY) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 23,149 shares, a growth of 218.5% from the July 30th total of 7,269 shares. Based on an average daily trading volume, of 37,353 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the company’s shares are short sold.

Clicks Group Price Performance

Shares of CLCGY stock traded down $0.34 during trading hours on Friday, reaching $24.95. The company had a trading volume of 41,195 shares, compared to its average volume of 30,302. Clicks Group has a twelve month low of $24.83 and a twelve month high of $44.26. The stock’s fifty day simple moving average is $26.92 and its 200 day simple moving average is $31.62.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Clicks Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Clicks Group Company Profile

Clicks Group is a South African-based healthcare, beauty and wellness retailer operating primarily under the Clicks banner. The company’s core business comprises a network of pharmacies, health and beauty stores, and distribution services. Through its retail outlets, Clicks Group offers a range of products that includes prescription and over-the-counter medicines, personal care items, cosmetics, baby and household products, and nutritional supplements.

In addition to its branded pharmacies and retail stores, Clicks Group owns and operates a wholesale and distribution business that supplies products to its own stores and to third-party retailers across the region.