Diageo plc (OTCMKTS:DGEAF) Sees Large Growth in Short Interest

Diageo plc (OTCMKTS:DGEAF) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 355,500 shares, a growth of 44.7% from the August 15th total of 245,700 shares. Based on an average daily trading volume, of 13,000 shares, the short-interest ratio is presently 27.3 days.

Diageo Stock Performance

OTCMKTS DGEAF opened at $32.22 on Monday. Diageo has a one year low of $29.63 and a one year high of $40.05. The company’s 50 day moving average price is $31.87 and its 200 day moving average price is $33.72.

Diageo Company Profile

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.