Short Interest in Carlsberg A/S (OTCMKTS:CABGY) Declines By 98.7%

Carlsberg A/S (OTCMKTS:CABGY) was the recipient of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 1,500 shares, a decrease of 98.7% from the July 31st total of 113,800 shares. Based on an average daily volume of 207,500 shares, the short-interest ratio is currently 0.0 days.

Carlsberg A/S Stock Performance

OTCMKTS:CABGY opened at $23.38 on Wednesday. The firm’s 50-day moving average is $24.33 and its 200-day moving average is $26.23. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.52 and a current ratio of 0.64. Carlsberg A/S has a 52-week low of $22.23 and a 52-week high of $29.80.

Carlsberg A/S Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.