Greggs plc (OTCMKTS:GGGSF) Short Interest Update

Greggs plc (OTCMKTS:GGGSF) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 257,300 shares, a growth of 23.9% from the February 28th total of 207,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 2,573.0 days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Greggs in a research report on Thursday, March 6th.

Greggs Stock Performance

GGGSF stock traded down $0.38 on Tuesday, reaching $23.90. The company’s stock had a trading volume of 224 shares, compared to its average volume of 220. The business has a fifty day simple moving average of $25.22 and a two-hundred day simple moving average of $32.84. Greggs has a 12-month low of $22.85 and a 12-month high of $35.30.

Greggs Company Profile

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.