Short Interest in Carlsberg A/S (OTCMKTS:CABGY) Decreases By 14.3%

Carlsberg A/S (OTCMKTS:CABGY) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 8,400 shares, a decline of 14.3% from the December 31st total of 9,800 shares. Based on an average daily volume of 686,200 shares, the days-to-cover ratio is presently 0.0 days.

Carlsberg A/S Stock Down 0.3 %

Shares of OTCMKTS CABGY traded down $0.07 during trading hours on Friday, reaching $21.02. 166,590 shares of the stock were exchanged, compared to its average volume of 338,956. The stock’s fifty day simple moving average is $19.86 and its 200 day simple moving average is $21.88. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.59 and a quick ratio of 0.46. Carlsberg A/S has a 52 week low of $18.21 and a 52 week high of $29.59.

Wall Street Analyst Weigh In

Several research firms have commented on CABGY. Barclays downgraded shares of Carlsberg A/S from a “hold” rating to a “strong sell” rating in a report on Thursday, November 14th. BNP Paribas lowered shares of Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

About Carlsberg A/S

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.