Diageo plc (OTCMKTS:DGEAF) Short Interest Up 46.4% in November

Diageo plc (OTCMKTS:DGEAF) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 577,700 shares, an increase of 46.4% from the October 31st total of 394,700 shares. Based on an average daily trading volume, of 6,200 shares, the days-to-cover ratio is currently 93.2 days.

Diageo Stock Performance

Shares of DGEAF stock traded down $0.13 during trading on Friday, reaching $29.30. The company’s stock had a trading volume of 3,800 shares, compared to its average volume of 4,308. The business has a fifty day moving average price of $31.90 and a 200-day moving average price of $32.29. Diageo has a one year low of $28.77 and a one year high of $38.17.

About Diageo

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.