Close Brothers Group plc (OTCMKTS:CBGPF) Sees Significant Growth in Short Interest

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 427,800 shares, a growth of 1,184.7% from the February 13th total of 33,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Close Brothers Group Stock Performance

OTCMKTS:CBGPF opened at $3.53 on Thursday. Close Brothers Group has a 52-week low of $2.42 and a 52-week high of $3.53. The stock’s 50 day moving average price is $3.02 and its 200 day moving average price is $5.19.

Close Brothers Group Company Profile

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.