Diageo plc (OTCMKTS:DGEAF) Sees Significant Increase in Short Interest

Diageo plc (OTCMKTS:DGEAF) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 394,700 shares, an increase of 52.7% from the October 15th total of 258,400 shares. Based on an average trading volume of 2,900 shares, the short-interest ratio is currently 136.1 days.

Diageo Stock Down 1.8 %

Diageo stock traded down $0.52 during trading on Friday, reaching $28.83. The stock had a trading volume of 2,327 shares, compared to its average volume of 4,407. The business has a 50 day moving average price of $32.44 and a 200 day moving average price of $32.66. Diageo has a 52-week low of $28.83 and a 52-week high of $38.17.

About Diageo

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.