Greggs plc (OTCMKTS:GGGSF – Get Free Report) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 207,700 shares, a decrease of 25.3% from the February 13th total of 277,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 2,077.0 days.
Greggs Price Performance
Shares of OTCMKTS GGGSF opened at $23.40 on Tuesday. The business’s 50 day moving average price is $26.78 and its two-hundred day moving average price is $33.81. Greggs has a twelve month low of $23.40 and a twelve month high of $35.30.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Greggs in a report on Thursday, March 6th.
Greggs Company Profile
Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.
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