Short Interest in Diageo plc (OTCMKTS:DGEAF) Rises By 14.6%

Diageo plc (OTCMKTS:DGEAF) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,015,900 shares, an increase of 14.6% from the December 15th total of 886,300 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is currently 188.1 days.

Diageo Price Performance

DGEAF stock traded up $0.95 during trading on Friday, reaching $29.76. 275 shares of the company were exchanged, compared to its average volume of 2,497. The company has a 50-day moving average of $30.44 and a two-hundred day moving average of $31.65. Diageo has a twelve month low of $28.22 and a twelve month high of $38.17.

About Diageo

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.