Virgin Money UK PLC (OTCMKTS:CBBYF) Sees Significant Growth in Short Interest

Virgin Money UK PLC (OTCMKTS:CBBYF) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 716,200 shares, an increase of 80.0% from the August 15th total of 397,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 7,162.0 days.

Virgin Money UK Price Performance

CBBYF remained flat at $2.20 during trading on Friday. The stock has a 50 day simple moving average of $2.20 and a 200 day simple moving average of $2.15. Virgin Money UK has a twelve month low of $1.96 and a twelve month high of $2.20.

Virgin Money UK Company Profile

Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and Virgin Money brands in the United Kingdom. The company offers savings and current accounts, mortgages, credit cards, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; risk management; asset and invoice finance services; international trade services; and home, car, and life and critical illness insurance products.