Carlsberg A/S (OTCMKTS:CABGY) Short Interest Up 239.5% in May

Carlsberg A/S (OTCMKTS:CABGY - Get Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 12,900 shares, a growth of 239.5% from the April 30th total of 3,800 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 91,900 shares, the days-to-cover ratio is presently 0.1 days.

Carlsberg A/S Price Performance

Shares of CABGY stock traded up $0.01 on Monday, reaching $28.71. 105,455 shares of the company's stock traded hands, compared to its average volume of 181,627. The business's 50 day moving average price is $26.93 and its two-hundred day moving average price is $23.59. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.46 and a current ratio of 0.57. Carlsberg A/S has a 12-month low of $18.21 and a 12-month high of $29.18.

Carlsberg A/S Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 19th were issued a dividend of $0.7593 per share. This is a boost from Carlsberg A/S's previous dividend of $0.53. The ex-dividend date was Wednesday, March 19th.

Analyst Ratings Changes

Several brokerages have recently commented on CABGY. Hsbc Global Res lowered Carlsberg A/S from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. Royal Bank of Canada upgraded shares of Carlsberg A/S from a "sector perform" rating to an "outperform" rating in a research report on Friday, March 14th. Finally, Berenberg Bank raised Carlsberg A/S to a "strong-buy" rating in a research note on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold".

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.