Britvic plc (OTCMKTS:BTVCY) Sees Large Decrease in Short Interest

Britvic plc (OTCMKTS:BTVCY) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 2,700 shares, a decrease of 60.9% from the July 15th total of 6,900 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 2.1 days.

Britvic Price Performance

BTVCY remained flat at $32.28 during trading hours on Tuesday. The company had a trading volume of 8 shares, compared to its average volume of 1,622. The company’s 50-day moving average price is $29.85 and its 200-day moving average price is $24.84. The company has a quick ratio of 0.72, a current ratio of 1.04 and a debt-to-equity ratio of 2.29. Britvic has a one year low of $19.58 and a one year high of $33.44.

Britvic Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, May 31st were given a dividend of $0.2212 per share. The ex-dividend date of this dividend was Friday, May 31st.

About Britvic

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.