Carlsberg A/S (OTCMKTS:CABGY) Short Interest Down 14.3% in December

Carlsberg A/S (OTCMKTS:CABGY) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 8,400 shares, a decline of 14.3% from the December 15th total of 9,800 shares. Based on an average daily volume of 686,200 shares, the days-to-cover ratio is currently 0.0 days.

Carlsberg A/S Trading Up 0.3 %

Carlsberg A/S stock opened at $19.36 on Friday. The company has a 50-day simple moving average of $19.88 and a 200-day simple moving average of $22.23. Carlsberg A/S has a one year low of $18.21 and a one year high of $29.59. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.46 and a current ratio of 0.59.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CABGY. Barclays downgraded shares of Carlsberg A/S from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 14th. BNP Paribas downgraded Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th.

Carlsberg A/S Company Profile

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.