Carlsberg A/S (OTCMKTS:CABGY) Short Interest Update

Carlsberg A/S (OTCMKTS:CABGY) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 9,800 shares, an increase of 8.9% from the September 15th total of 9,000 shares. Based on an average daily volume of 229,700 shares, the days-to-cover ratio is presently 0.0 days.

Carlsberg A/S Stock Down 1.3 %

Carlsberg A/S stock opened at $22.76 on Wednesday. Carlsberg A/S has a fifty-two week low of $22.23 and a fifty-two week high of $29.59. The firm’s fifty day moving average price is $23.24 and its 200-day moving average price is $25.23.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded Carlsberg A/S to a “hold” rating in a research report on Monday, September 30th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

About Carlsberg A/S

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.