Nestlé S.A. (OTCMKTS:NSRGF) Short Interest Update

Nestlé S.A. (OTCMKTS:NSRGF) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,999,200 shares, a decline of 18.7% from the January 31st total of 2,459,300 shares. Based on an average trading volume of 59,600 shares, the short-interest ratio is presently 33.5 days.

Nestlé Price Performance

Shares of OTCMKTS NSRGF traded down $2.27 during trading on Wednesday, hitting $98.41. 7,553 shares of the company traded hands, compared to its average volume of 37,728. The business’s fifty day moving average is $86.53 and its 200 day moving average is $92.00. Nestlé has a fifty-two week low of $79.55 and a fifty-two week high of $110.96.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nestlé stock. Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Nestlé S.A. (OTCMKTS:NSRGF) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,000 shares of the company’s stock, valued at approximately $2,476,000. 27.22% of the stock is owned by institutional investors.

About Nestlé

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.