Close Brothers Group plc (OTCMKTS:CBGPF) Sees Large Growth in Short Interest

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 12,400 shares, a growth of 21.6% from the September 15th total of 10,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Close Brothers Group Price Performance

Shares of OTCMKTS:CBGPF opened at $9.05 on Wednesday. The firm has a fifty day simple moving average of $9.05 and a two-hundred day simple moving average of $9.05. Close Brothers Group has a 52 week low of $9.05 and a 52 week high of $9.78.

Close Brothers Group Company Profile

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.