Close Brothers Group plc (OTCMKTS:CBGPF) Sees Significant Decrease in Short Interest

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 241,900 shares, a decrease of 6.8% from the October 15th total of 259,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Close Brothers Group Stock Performance

CBGPF stock opened at $10.21 on Friday. Close Brothers Group has a 1-year low of $11.52 and a 1-year high of $11.52. The business has a 50 day simple moving average of $10.51 and a two-hundred day simple moving average of $11.07.

Close Brothers Group Company Profile

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.