Short Interest in CAR Group Limited (OTCMKTS:CSXXY) Declines By 86.8%

CAR Group Limited (OTCMKTS:CSXXY) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 16 shares, a decrease of 86.8% from the December 15th total of 121 shares. Based on an average daily volume of 431 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 431 shares, the short-interest ratio is presently 0.0 days.

CAR Group Trading Up 2.2%

CSXXY stock opened at $41.27 on Wednesday. CAR Group has a 1-year low of $36.00 and a 1-year high of $57.95. The business’s 50 day moving average is $41.97 and its 200-day moving average is $46.81.

CAR Group Company Profile

CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia Online Advertising Services; Australia Data, Research and Services; Investments; North America; Latin America; and Asia segments. The Australia Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements for corporate customers comprising automotive manufacturers and finance companies.