CCL Industries Inc. (OTCMKTS:CCDBF) Sees Large Increase in Short Interest

CCL Industries Inc. (OTCMKTS:CCDBF) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 359,400 shares, a growth of 20.0% from the February 13th total of 299,400 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 189.2 days.

CCL Industries Price Performance

OTCMKTS:CCDBF opened at $49.48 on Wednesday. CCL Industries has a 12-month low of $46.34 and a 12-month high of $61.27. The firm has a 50-day moving average price of $50.14 and a 200 day moving average price of $54.40.

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.