Close Brothers Group plc (OTCMKTS:CBGPF) Sees Significant Decline in Short Interest

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 337,000 shares, a decline of 21.2% from the February 28th total of 427,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Close Brothers Group Price Performance

Shares of OTCMKTS CBGPF opened at $3.53 on Monday. The stock has a fifty day moving average price of $3.29 and a 200 day moving average price of $4.70. Close Brothers Group has a 1-year low of $2.42 and a 1-year high of $3.53.

Close Brothers Group Company Profile

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.