Short Interest in Close Brothers Group plc (OTCMKTS:CBGPF) Grows By 3,926.5%

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 410,700 shares, an increase of 3,926.5% from the December 31st total of 10,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Close Brothers Group Stock Performance

Shares of OTCMKTS CBGPF remained flat at $2.42 during trading hours on Thursday. The firm’s 50-day moving average is $3.04 and its 200-day moving average is $6.39. Close Brothers Group has a 12 month low of $3.53 and a 12 month high of $3.53.

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.