Close Brothers Group plc (OTCMKTS:CBGPY) Sees Significant Growth in Short Interest

Close Brothers Group plc (OTCMKTS:CBGPY) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 7,000 shares, an increase of 191.7% from the November 15th total of 2,400 shares. Based on an average daily volume of 9,500 shares, the short-interest ratio is presently 0.7 days.

Close Brothers Group Stock Up 4.2 %

OTCMKTS CBGPY traded up $0.25 during trading on Wednesday, hitting $6.15. The company had a trading volume of 166 shares, compared to its average volume of 1,870. The company’s fifty day moving average is $7.09 and its 200-day moving average is $10.35. Close Brothers Group has a one year low of $4.62 and a one year high of $20.40.

Close Brothers Group Company Profile

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.