Short Interest in Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) Drops By 55.0%

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 63 shares, a drop of 55.0% from the June 15th total of 140 shares. Based on an average daily volume of 2,107 shares, the days-to-cover ratio is presently 0.0 days.

Groupe Bruxelles Lambert Stock Down 12.2%

Shares of Groupe Bruxelles Lambert stock traded down $1.24 during trading on Tuesday, hitting $8.91. 434 shares of the stock traded hands, compared to its average volume of 2,203. Groupe Bruxelles Lambert has a twelve month low of $8.21 and a twelve month high of $44.51. The company has a fifty day moving average price of $9.97 and a two-hundred day moving average price of $9.61.

Analyst Ratings Changes

Separately, Citigroup reaffirmed a “neutral” rating on shares of Groupe Bruxelles Lambert in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Groupe Bruxelles Lambert has an average rating of “Hold”.

About Groupe Bruxelles Lambert

Groupe Bruxelles Lambert (OTCMKTS:GBLBY) is a Belgian investment holding company headquartered in Brussels. Established in 1972 through the consolidation of two family-controlled investment entities, GBL has evolved into one of Europe’s leading diversified investment groups. The company’s strategy focuses on long-term value creation through active ownership and stewardship, positioning itself as a stable partner to the companies in which it invests.

GBL maintains a broad portfolio spanning multiple sectors, including consumer goods, healthcare, energy, materials and financial services.