Tiger Brands Limited (OTCMKTS:TBLMY) Short Interest Update

Tiger Brands Limited (OTCMKTS:TBLMY – Get Rating) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totalling 700 shares, a drop of 30.0% from the April 15th total of 1,000 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 0.8 days.

Tiger Brands Stock Performance

Tiger Brands stock opened at $10.19 on Friday. Tiger Brands has a 52-week low of $8.50 and a 52-week high of $13.56. The firm has a 50 day moving average price of $10.98 and a two-hundred day moving average price of $11.62.

Analyst Ratings Changes

Separately, HSBC lowered shares of Tiger Brands from a “buy” rating to a “hold” rating in a report on Tuesday, March 14th.

About Tiger Brands

(Get Rating)

Tiger Brands Ltd. engages in the manufacture of branded food, home, and personal care products. It operates through the following segments: Grains, Consumer Brands, Home and Personal Care, Exports and International, and Other. The Grains segment includes maize milling, wheat milling, baking, sorghum-based products, rice, pasta, and oat-based breakfast cereals.