Short Interest in Close Brothers Group plc (OTCMKTS:CBGPY) Decreases By 63.6%

Close Brothers Group plc (OTCMKTS:CBGPY) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 2,400 shares, a drop of 63.6% from the October 31st total of 6,600 shares. Based on an average daily trading volume, of 6,400 shares, the short-interest ratio is presently 0.4 days.

Close Brothers Group Trading Up 9.6 %

Shares of OTCMKTS CBGPY traded up $0.49 during trading hours on Friday, hitting $5.59. 29,129 shares of the stock were exchanged, compared to its average volume of 1,848. Close Brothers Group has a 12 month low of $4.62 and a 12 month high of $20.40. The firm has a fifty day moving average price of $7.97 and a 200-day moving average price of $10.73.

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.