Close Brothers Group plc (OTCMKTS:CBGPF – Get Free Report) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 10,827 shares, a drop of 15.5% from the January 15th total of 12,811 shares. Based on an average daily trading volume, of 20 shares, the days-to-cover ratio is presently 541.4 days. Based on an average daily trading volume, of 20 shares, the days-to-cover ratio is presently 541.4 days.
Close Brothers Group Price Performance
Shares of CBGPF stock opened at $7.20 on Wednesday. The firm has a fifty day moving average of $6.46 and a two-hundred day moving average of $6.03. Close Brothers Group has a 1-year low of $4.47 and a 1-year high of $7.20.
About Close Brothers Group
Close Brothers Group plc is a UK-based merchant banking group specializing in lending, deposit taking, wealth management and securities trading. Through its Banking division, the company provides tailored finance and deposit products to small and medium-sized businesses and individuals, with a focus on asset finance, invoice finance and commercial mortgages.
The group’s Moneybroking arm offers wholesale finance and risk management services to institutional clients, while the Asset Management division delivers discretionary and advisory portfolio management to high-net-worth individuals, charities and pension funds.
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