Greggs plc (OTCMKTS:GGGSF) Sees Large Decrease in Short Interest

Greggs plc (OTCMKTS:GGGSF) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 500 shares, a drop of 37.5% from the October 15th total of 800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5.0 days.

Greggs Price Performance

Shares of OTCMKTS:GGGSF opened at $38.00 on Friday. The company’s fifty day moving average is $38.00 and its two-hundred day moving average is $37.18. Greggs has a 1-year low of $35.00 and a 1-year high of $38.00.

About Greggs

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.