DCC plc (OTCMKTS:DCCPF) Short Interest Down 8.9% in November

DCC plc (OTCMKTS:DCCPF) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 34,700 shares, a decline of 8.9% from the November 15th total of 38,100 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 86.8 days.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of DCC to a “strong-buy” rating in a report on Thursday, December 5th.

DCC Stock Performance

Shares of DCCPF remained flat at $73.38 during midday trading on Monday. The stock had a trading volume of 19 shares, compared to its average volume of 589. DCC has a fifty-two week low of $65.80 and a fifty-two week high of $73.38. The company has a 50-day moving average price of $70.79 and a 200-day moving average price of $71.41.

About DCC

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.