Clicks Group Limited (OTCMKTS:CLCGY) Short Interest Down 41.6% in June

Clicks Group Limited (OTCMKTS:CLCGY) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 11,768 shares, a decline of 41.6% from the May 31st total of 20,153 shares. Based on an average trading volume of 59,620 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Clicks Group Stock Performance

Shares of OTCMKTS:CLCGY traded up $0.60 on Wednesday, hitting $28.45. The company’s stock had a trading volume of 32,082 shares, compared to its average volume of 14,045. The company has a market capitalization of $3.36 billion and a price-to-earnings ratio of 4.65. Clicks Group has a 12 month low of $26.76 and a 12 month high of $44.41. The stock’s 50-day moving average is $30.34 and its two-hundred day moving average is $35.84.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Clicks Group to a “hold” rating in a research note on Friday, June 12th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Clicks Group Company Profile

Clicks Group is a South African-based healthcare, beauty and wellness retailer operating primarily under the Clicks banner. The company’s core business comprises a network of pharmacies, health and beauty stores, and distribution services. Through its retail outlets, Clicks Group offers a range of products that includes prescription and over-the-counter medicines, personal care items, cosmetics, baby and household products, and nutritional supplements.

In addition to its branded pharmacies and retail stores, Clicks Group owns and operates a wholesale and distribution business that supplies products to its own stores and to third-party retailers across the region.