Short Interest in Close Brothers Group plc (OTCMKTS:CBGPF) Decreases By 12.1%

Close Brothers Group plc (OTCMKTS:CBGPF) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 10,200 shares, a drop of 12.1% from the December 15th total of 11,600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 102.0 days.

Close Brothers Group Stock Performance

Close Brothers Group stock opened at $2.42 on Friday. The firm has a 50 day simple moving average of $3.24 and a 200 day simple moving average of $6.80. Close Brothers Group has a 1-year low of $3.53 and a 1-year high of $3.53.

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.