Carlsberg AS (OTCMKTS:CABGY) Short Interest Update

Carlsberg AS (OTCMKTS:CABGY) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 7,245 shares, a decrease of 34.3% from the July 30th total of 11,022 shares. Based on an average trading volume of 32,321 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Carlsberg AS Trading Down 1.0%

CABGY stock opened at $27.30 on Tuesday. The company’s 50 day moving average is $28.12 and its two-hundred day moving average is $27.43. Carlsberg AS has a twelve month low of $23.10 and a twelve month high of $32.16. The company has a debt-to-equity ratio of 2.00, a current ratio of 0.60 and a quick ratio of 0.46.

About Carlsberg AS

Carlsberg A/S is a Danish multinational brewer founded in 1847 and headquartered in Copenhagen. The company is primarily engaged in the brewing, marketing and distribution of beer, cider and related beverages. Its portfolio comprises global and regional beer brands, led by the Carlsberg and Tuborg names, alongside a range of local brands tailored to specific markets. Carlsberg also operates maltings and brewing facilities and provides packaging and logistics services that support its beverage operations.

Carlsberg sells products across Europe and Asia and maintains a presence in numerous other markets through wholly owned subsidiaries, joint ventures and export arrangements.