Virgin Money UK PLC (OTCMKTS:CBBYF) Sees Significant Decline in Short Interest

Virgin Money UK PLC (OTCMKTS:CBBYF) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 29,800 shares, a drop of 95.8% from the August 31st total of 716,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Virgin Money UK Stock Performance

Virgin Money UK stock remained flat at $2.20 during mid-day trading on Wednesday. The firm’s fifty day moving average is $2.20 and its 200 day moving average is $2.16. Virgin Money UK has a fifty-two week low of $1.96 and a fifty-two week high of $2.20.

About Virgin Money UK

Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and Virgin Money brands in the United Kingdom. The company offers savings and current accounts, mortgages, credit cards, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; risk management; asset and invoice finance services; international trade services; and home, car, and life and critical illness insurance products.