DCC plc (OTCMKTS:DCCPF) Short Interest Update

DCC plc (OTCMKTS:DCCPF) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 42,400 shares, a drop of 16.7% from the December 31st total of 50,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 424.0 days.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Royal Bank of Canada raised DCC from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, January 15th. UBS Group raised shares of DCC to a “strong-buy” rating in a research report on Thursday, December 5th.

DCC Price Performance

Shares of DCCPF remained flat at $67.30 during trading hours on Monday. The company has a 50 day moving average of $68.55 and a 200-day moving average of $69.68. DCC has a 12-month low of $65.80 and a 12-month high of $73.38.

DCC Company Profile

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.