Whitbread plc (OTCMKTS:WTBDY) Sees Significant Drop in Short Interest

Whitbread plc (OTCMKTS:WTBDY) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 6,800 shares, a decline of 90.2% from the July 15th total of 69,500 shares. Based on an average daily trading volume, of 113,100 shares, the days-to-cover ratio is presently 0.1 days.

Whitbread Trading Up 2.6 %

WTBDY traded up $0.24 during trading hours on Monday, reaching $9.31. The company’s stock had a trading volume of 31,000 shares, compared to its average volume of 30,491. The business’s 50-day moving average is $9.46 and its 200-day moving average is $9.96. Whitbread has a fifty-two week low of $8.91 and a fifty-two week high of $11.91.

About Whitbread

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.