Short Interest in Diageo plc (OTCMKTS:DGEAF) Declines By 28.0%

Diageo plc (OTCMKTS:DGEAF) saw a large drop in short interest in the month of August. As of August 15th, there was short interest totalling 245,700 shares, a drop of 28.0% from the July 31st total of 341,400 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is presently 25.1 days.

Diageo Trading Down 2.0 %

DGEAF traded down $0.66 on Friday, reaching $32.19. 1,126 shares of the company traded hands, compared to its average volume of 4,926. Diageo has a one year low of $29.63 and a one year high of $41.91. The firm has a fifty day simple moving average of $31.83 and a two-hundred day simple moving average of $34.12.

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.