Nestlé S.A. (OTCMKTS:NSRGF) Short Interest Update

Nestlé S.A. (OTCMKTS:NSRGF) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,879,600 shares, an increase of 117.4% from the February 28th total of 1,784,600 shares. Based on an average trading volume of 25,600 shares, the days-to-cover ratio is currently 151.5 days.

Institutional Investors Weigh In On Nestlé

A hedge fund recently bought a new stake in Nestlé stock. Generali Investments CEE investicni spolecnost a.s. acquired a new position in Nestlé S.A. (OTCMKTS:NSRGF) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 30,000 shares of the company’s stock, valued at approximately $2,476,000. Institutional investors and hedge funds own 27.22% of the company’s stock.

Nestlé Stock Performance

OTCMKTS NSRGF traded down $0.01 on Friday, reaching $100.01. The company had a trading volume of 5,701 shares, compared to its average volume of 28,788. Nestlé has a 12 month low of $79.55 and a 12 month high of $110.96. The firm’s 50 day moving average price is $93.47 and its 200 day moving average price is $91.58.

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.