Short Interest in Cranswick plc (OTCMKTS:CRWKF) Increases By 184.0%

Cranswick plc (OTCMKTS:CRWKFGet Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 11,884 shares, an increase of 184.0% from the April 30th total of 4,184 shares. Based on an average daily trading volume, of 24 shares, the days-to-cover ratio is currently 495.2 days.

Cranswick Price Performance

OTCMKTS CRWKF opened at C$69.05 on Friday. The company has a 50 day simple moving average of C$65.71 and a 200-day simple moving average of C$64.57. Cranswick has a 52-week low of C$63.99 and a 52-week high of C$69.05.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CRWKF. BNP Paribas Exane began coverage on shares of Cranswick in a research report on Monday, April 27th. They issued a “neutral” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cranswick in a research report on Friday, May 22nd. Finally, Royal Bank Of Canada raised shares of Cranswick from a “sector perform” rating to an “outperform” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on CRWKF

Cranswick Company Profile

(Get Free Report)

Cranswick plc is a UK-based food producer specializing in high-quality fresh pork and gourmet prepared meats. Headquartered in East Yorkshire, the company operates an integrated supply chain model, sourcing pigs from a network of approved farms while maintaining strict standards for animal welfare and traceability. Over several decades, Cranswick has expanded its core pork business to encompass cooked poultry and charcuterie, positioning itself as one of Britain’s leading suppliers of premium meat products.

The company’s portfolio spans a variety of retail and foodservice offerings, including fresh sausages, back bacon, cooked hams, and artisan-style charcuterie.

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