Short Interest in DCC plc (OTCMKTS:DCCPF) Drops By 8.9%

DCC plc (OTCMKTS:DCCPF) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 34,700 shares, a decrease of 8.9% from the November 15th total of 38,100 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 86.8 days.

DCC Stock Performance

DCCPF stock remained flat at $73.38 during midday trading on Monday. 19 shares of the company traded hands, compared to its average volume of 589. DCC has a 52 week low of $65.80 and a 52 week high of $73.38. The company’s fifty day moving average is $70.79 and its two-hundred day moving average is $71.41.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of DCC to a “strong-buy” rating in a research note on Thursday, December 5th.

About DCC

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.