Short Interest in Nestlé S.A. (OTCMKTS:NSRGF) Declines By 20.2%

Nestlé S.A. (OTCMKTS:NSRGF) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 2,787,700 shares, a decline of 20.2% from the December 31st total of 3,494,100 shares. Based on an average daily trading volume, of 141,200 shares, the short-interest ratio is presently 19.7 days.

Nestlé Stock Performance

Shares of OTCMKTS:NSRGF traded down $1.63 during trading hours on Monday, hitting $84.96. 11,394 shares of the company’s stock traded hands, compared to its average volume of 55,835. The company’s fifty day simple moving average is $83.45 and its two-hundred day simple moving average is $93.75. Nestlé has a 52 week low of $79.55 and a 52 week high of $115.58.

About Nestlé

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.