Close Brothers Group plc (OTCMKTS:CBGPF) Short Interest Update

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,202,900 shares, an increase of 8,744.9% from the October 15th total of 13,600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 12,029.0 days.

Close Brothers Group Price Performance

CBGPF opened at $3.53 on Wednesday. The business’s 50 day moving average is $8.17 and its 200-day moving average is $8.74. Close Brothers Group has a twelve month low of $3.53 and a twelve month high of $3.53.

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.