Carlsberg AS (OTCMKTS:CABGY - Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 14,700 shares, an increase of 4,800.0% from the September 15th total of 300 shares. Based on an average trading volume of 97,400 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 97,400 shares, the days-to-cover ratio is presently 0.2 days.
Analyst Ratings Changes
Separately, Zacks Research downgraded Carlsberg AS from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".
View Our Latest Report on CABGY
Carlsberg AS Price Performance
Shares of OTCMKTS CABGY traded up $0.56 on Thursday, hitting $24.34. The company had a trading volume of 86,273 shares, compared to its average volume of 142,127. Carlsberg AS has a 12-month low of $18.21 and a 12-month high of $30.22. The business has a 50 day moving average of $24.06 and a two-hundred day moving average of $26.27.
Carlsberg AS Company Profile
(
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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.
Further Reading
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