Short Interest in Clicks Group Limited (OTCMKTS:CLCGY) Decreases By 86.6%

Clicks Group Limited (OTCMKTS:CLCGY) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 7,269 shares, a drop of 86.6% from the July 15th total of 54,131 shares. Based on an average daily volume of 71,985 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research cut Clicks Group from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Clicks Group presently has a consensus rating of “Sell”.

Clicks Group Stock Performance

Clicks Group stock opened at $26.68 on Wednesday. The company has a 50-day moving average price of $27.69 and a 200 day moving average price of $32.91. Clicks Group has a 12-month low of $25.26 and a 12-month high of $44.41.

About Clicks Group

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.