DCC plc (OTCMKTS:DCCPY) Sees Large Drop in Short Interest

DCC plc (OTCMKTS:DCCPY) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 288 shares, a decline of 39.4% from the May 31st total of 475 shares. Based on an average daily volume of 99 shares, the short-interest ratio is currently 2.9 days.

DCC Price Performance

Shares of DCCPY stock remained flat at $42.30 during trading hours on Wednesday. The stock had a trading volume of 21 shares, compared to its average volume of 2,333. DCC has a 52 week low of $28.55 and a 52 week high of $43.07. The firm has a 50 day moving average of $40.09 and a two-hundred day moving average of $35.26.

DCC Company Profile

DCC PLC is an international sales, marketing and support services group offering a diverse portfolio of products and solutions across multiple sectors. Through its four principal divisions—Energy, Healthcare, Technology and Environmental—DCC works with leading global suppliers to bring tailored offerings to markets in Europe and North America. The company’s operations span fuel distribution, healthcare consumables, technology infrastructure and environmental equipment, providing both branded and private-label solutions to a broad customer base.

In its Energy division, DCC markets and distributes liquefied petroleum gas, aviation fuels, natural gas and lubricants, serving retail forecourts, commercial users and industrial clients.