CAR Group Limited (OTCMKTS:CSXXY) Short Interest Update

CAR Group Limited (OTCMKTS:CSXXY) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 571 shares, a growth of 143.0% from the July 30th total of 235 shares. Based on an average daily trading volume, of 4,306 shares, the short-interest ratio is presently 0.1 days.

CAR Group Stock Performance

CSXXY stock remained flat at $40.13 during midday trading on Friday. 35 shares of the company’s stock traded hands, compared to its average volume of 650. CAR Group has a 12-month low of $28.03 and a 12-month high of $57.95. The business has a 50-day moving average price of $36.76 and a 200-day moving average price of $36.07.

About CAR Group

CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia Online Advertising Services; Australia Data, Research and Services; Investments; North America; Latin America; and Asia segments. The Australia Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements for corporate customers comprising automotive manufacturers and finance companies.