Diageo plc (OTCMKTS:DGEAF) Short Interest Up 27.6% in December

Diageo plc (OTCMKTS:DGEAF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 4,053,104 shares, a growth of 27.6% from the November 30th total of 3,177,557 shares. Based on an average daily volume of 19,898 shares, the days-to-cover ratio is currently 203.7 days. Based on an average daily volume of 19,898 shares, the days-to-cover ratio is currently 203.7 days.

Diageo Price Performance

Shares of OTCMKTS DGEAF opened at $21.63 on Wednesday. The company’s fifty day moving average price is $22.74 and its 200 day moving average price is $24.80. Diageo has a 1 year low of $20.93 and a 1 year high of $32.06.

About Diageo

Diageo plc is a British multinational beverage alcohol company headquartered in London, England. It is one of the world’s leading producers and distributors of spirits, beer and ready-to-drink beverages. The company’s portfolio spans a range of premium and mainstream brands, with operations that touch on all major aspects of beverage manufacturing, marketing and distribution.

Diageo’s brand lineup includes iconic Scotch whiskies such as Johnnie Walker and Cardhu; global vodka brands like Smirnoff; renowned Irish cream liqueur Baileys; spiced and dark rums under the Captain Morgan label; and the world-famous Guinness stout.