Diageo plc (OTCMKTS:DGEAF) Short Interest Update

Diageo plc (OTCMKTS:DGEAF) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totalling 203,600 shares, a drop of 66.8% from the May 31st total of 613,200 shares. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is presently 27.9 days.

Diageo Price Performance

OTCMKTS:DGEAF traded down $0.79 during trading hours on Friday, hitting $31.30. 1,972 shares of the stock were exchanged, compared to its average volume of 4,393. The firm’s fifty day moving average price is $33.93 and its 200 day moving average price is $35.33. Diageo has a 52-week low of $31.10 and a 52-week high of $44.96.

About Diageo

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.