Short Interest in Diageo plc (OTCMKTS:DGEAF) Drops By 28.0%

Diageo plc (OTCMKTS:DGEAF) was the recipient of a large decrease in short interest during the month of August. As of August 15th, there was short interest totalling 245,700 shares, a decrease of 28.0% from the July 31st total of 341,400 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is presently 25.1 days.

Diageo Trading Down 2.0 %

Shares of DGEAF stock traded down $0.66 on Friday, reaching $32.19. The company’s stock had a trading volume of 1,126 shares, compared to its average volume of 4,926. The stock’s fifty day simple moving average is $31.83 and its 200-day simple moving average is $34.12. Diageo has a 1 year low of $29.63 and a 1 year high of $41.91.

Diageo Company Profile

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.