Short Interest in Glanbia plc (OTCMKTS:GLAPF) Rises By 61.5%

Glanbia plc (OTCMKTS:GLAPF) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,100 shares, an increase of 61.5% from the December 15th total of 1,300 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 7.0 days.

Glanbia Price Performance

GLAPF remained flat at $13.99 during trading on Friday. The stock’s fifty day simple moving average is $14.90 and its 200-day simple moving average is $17.19. Glanbia has a 52 week low of $13.83 and a 52 week high of $20.00.

Glanbia Company Profile

Glanbia plc, together with its subsidiaries, operates as a nutrition company worldwide. The company offers sports nutrition and lifestyle nutrition products in various formats, such as powders, ready-to-eat bars and snacking food, and ready-to-drink beverage. It also manufactures and sells cheese, dairy, and non-dairy nutritional and functional ingredients; and vitamin and mineral premixes products.