Glanbia plc (OTCMKTS:GLAPF – Get Rating) was the recipient of a large decrease in short interest in the month of December. As of December 30th, there was short interest totalling 700 shares, a decrease of 22.2% from the December 15th total of 900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 7.0 days.
Wall Street Analyst Weigh In
Separately, Morgan Stanley started coverage on shares of Glanbia in a research note on Friday, January 6th. They issued an “equal weight” rating on the stock.
Glanbia Price Performance
Glanbia stock opened at $12.74 on Friday. The firm has a 50 day moving average of $12.22 and a 200 day moving average of $11.82. Glanbia has a 12-month low of $10.80 and a 12-month high of $14.99.
About Glanbia
Glanbia plc operates as a nutrition company worldwide. The company manufactures and sells sports nutrition and lifestyle nutrition products in various formats, including powders, ready-to-eat bars and snacking foods, and ready-to-drink beverages through various channels, such as specialty retail, online, and gyms, as well the food, drug, mass, and club channels.
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