Clicks Group Limited (OTCMKTS:CLCGY) Sees Large Increase in Short Interest

Clicks Group Limited (OTCMKTS:CLCGY) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 34,294 shares, a growth of 191.4% from the June 15th total of 11,768 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 71,669 shares, the days-to-cover ratio is presently 0.5 days.

Clicks Group Price Performance

CLCGY traded down $0.66 during trading hours on Monday, reaching $27.08. The company’s stock had a trading volume of 15,928 shares, compared to its average volume of 15,185. The stock has a market cap of $3.19 billion and a PE ratio of 4.65. Clicks Group has a fifty-two week low of $26.69 and a fifty-two week high of $44.41. The business’s 50-day moving average is $29.43 and its 200-day moving average is $35.19.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Clicks Group to a “hold” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Clicks Group currently 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.