Diageo plc (OTCMKTS:DGEAF) Sees Large Increase in Short Interest

Diageo plc (OTCMKTS:DGEAFGet Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,015,900 shares, a growth of 14.6% from the December 31st total of 886,300 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is currently 188.1 days.

Diageo Price Performance

Shares of OTCMKTS DGEAF opened at $30.00 on Monday. Diageo has a 1 year low of $28.22 and a 1 year high of $38.17. The company’s fifty day moving average price is $30.59 and its 200 day moving average price is $31.53.

Diageo Company Profile

(Get Free Report)

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.

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