Short Interest in San Miguel Co. (OTCMKTS:SMGBY) Drops By 16.7%

San Miguel Co. (OTCMKTS:SMGBY – Get Rating) was the target of a significant decline in short interest in the month of December. As of December 30th, there was short interest totalling 500 shares, a decline of 16.7% from the December 15th total of 600 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 5.0 days.

San Miguel Stock Down 3.0 %

Shares of San Miguel stock opened at $16.97 on Friday. The company has a 50 day moving average of $16.96 and a 200-day moving average of $17.52. San Miguel has a 1-year low of $16.06 and a 1-year high of $21.41.

About San Miguel

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San Miguel Corporation engages in food and beverage, packaging, energy, fuel and oil, infrastructure, cement, and banking businesses worldwide. Its Food and Beverage segment is involved in feeds production; poultry and livestock farming; processing and selling poultry and meat products and refrigerated processed and canned meat products; milling, producing, and marketing of flour, flour mixes, bakery ingredients, butter, margarine, cheese, milk, ice cream, jelly-based snacks and desserts, oils, salad aids, biscuits, and condiments; importing and marketing of coffee and coffee-related products; and grain terminal handling.