CAR Group Limited (OTCMKTS:CSXXY – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 291 shares, a decrease of 42.0% from the August 31st total of 502 shares. Based on an average daily volume of 187 shares, the days-to-cover ratio is presently 1.6 days.
CAR Group Price Performance
OTCMKTS:CSXXY remained flat at $30.00 during trading hours on Thursday. 228 shares of the company’s stock traded hands, compared to its average volume of 649. The business’s 50 day moving average price is $37.14 and its 200 day moving average price is $36.10. CAR Group has a 1 year low of $28.03 and a 1 year high of $50.85.
About CAR Group
CAR Group Limited is a digital automotive marketplace operator headquartered in Melbourne, Australia. Formerly known as carsales.com Ltd., the company operates online platforms that connect consumers, dealers and manufacturers for the buying and selling of new and used vehicles, while also providing automotive advertising, data and software services.
The company’s Australian platform, carsales, offers listings for passenger vehicles, motorcycles, trucks, caravans and other automotive products.
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