Carlsberg A/S (OTCMKTS:CABGY) Short Interest Up 13.2% in November

Carlsberg A/S (OTCMKTS:CABGY) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 55,600 shares, a growth of 13.2% from the November 15th total of 49,100 shares. Based on an average daily trading volume, of 538,000 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

CABGY has been the topic of a number of research analyst reports. BNP Paribas downgraded shares of Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Barclays lowered shares of Carlsberg A/S from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 14th.

Carlsberg A/S Price Performance

CABGY traded down $0.11 on Friday, reaching $20.25. The stock had a trading volume of 201,315 shares, compared to its average volume of 127,801. Carlsberg A/S has a fifty-two week low of $20.00 and a fifty-two week high of $29.59. The firm has a 50-day moving average of $21.54 and a 200-day moving average of $23.46.

About Carlsberg A/S

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.