Davide Campari-Milano (OTCMKTS:DVDCF) Sees Large Growth in Short Interest

Davide Campari-Milano (OTCMKTS:DVDCF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 20,048,400 shares, an increase of 11.8% from the December 31st total of 17,935,400 shares. Based on an average daily trading volume, of 9,400 shares, the days-to-cover ratio is currently 2,132.8 days.

Davide Campari-Milano Stock Performance

DVDCF remained flat at $5.85 during trading on Monday. 4,000 shares of the company’s stock were exchanged, compared to its average volume of 5,806. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.61 and a quick ratio of 1.06. Davide Campari-Milano has a twelve month low of $5.50 and a twelve month high of $10.85. The business’s 50-day simple moving average is $6.06 and its two-hundred day simple moving average is $7.48.

Davide Campari-Milano Company Profile

Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverages in the Americas, the Middle East, Africa, Europe, and the Asia-Pacific. It offers a range of spirits categories, including aperitif, vodka, liqueurs, whisky, tequila, rum, Sparkling wine, mezcal, champagne, gin, and cognac, as well as ready to drink and non-alcoholic aperitif under the Aperol, Campari, SKYY, Wild Turkey, Grand Marnier, Jamaican Rums, Espolòn, Sparkling Wine&Vermouth, Crodino, The GlenGrant, Magnum Tonic Wine, Montelobos, Ancho Reyes, Lallier, Forty Creek, X-Rated, and other brands.