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

Clicks Group Limited (OTCMKTS:CLCGY) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 23,149 shares, an increase of 218.5% from the July 30th total of 7,269 shares. Based on an average trading volume of 37,353 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are short sold.

Clicks Group Stock Down 0.1%

Shares of Clicks Group stock opened at $25.16 on Thursday. The stock’s fifty day moving average is $27.06 and its 200 day moving average is $31.77. Clicks Group has a one year low of $25.07 and a one year high of $44.26.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Clicks Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock 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.