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

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 33,300 shares, a decline of 92.1% from the January 31st total of 423,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 333.0 days.

Close Brothers Group Price Performance

Shares of OTCMKTS:CBGPF remained flat at $3.53 during midday trading on Friday. Close Brothers Group has a twelve month low of $2.42 and a twelve month high of $3.53. The company’s 50 day simple moving average is $2.98 and its 200 day simple moving average is $5.52.

About Close Brothers Group

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.