Short Interest in Clicks Group Limited (OTCMKTS:CLCGY) Declines By 43.7%

Clicks Group Limited (OTCMKTS:CLCGY) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 13,022 shares, a drop of 43.7% from the August 15th total of 23,149 shares. Based on an average trading volume of 72,403 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Clicks Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Clicks Group Stock Performance

Shares of CLCGY opened at $23.08 on Tuesday. Clicks Group has a 1 year low of $22.86 and a 1 year high of $44.26. The stock’s 50-day moving average price is $26.13 and its two-hundred day moving average price is $30.30.

Clicks Group Company Profile

Clicks Group Limited is a South African retail and healthcare group focused on pharmacy, health, beauty and wellness products. Its retail operations are anchored by the Clicks chain, which sells prescription and over-the-counter medicines, personal-care products, cosmetics, toiletries, baby-care products, vitamins and general healthcare merchandise.

The group also operates through United Pharmaceutical Distributors (UPD), a pharmaceutical wholesaler and distributor that supplies medicines and related products to pharmacies, hospitals, doctors and other healthcare providers.