Short Interest in CCL Industries Inc. (OTCMKTS:CCDBF) Expands By 12.5%

CCL Industries Inc. (OTCMKTS:CCDBF) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 294,400 shares, an increase of 12.5% from the October 15th total of 261,700 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is currently 39.8 days.

CCL Industries Stock Performance

Shares of CCDBF stock traded down $1.24 during trading hours on Friday, reaching $54.81. The company had a trading volume of 49,278 shares, compared to its average volume of 6,496. CCL Industries has a 1-year low of $37.36 and a 1-year high of $61.27. The company has a 50 day moving average of $59.35 and a 200 day moving average of $55.38.

CCL Industries Company Profile

CCL Industries Inc manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through CCL, Avery, Checkpoint, and Innovia segments. The CCL segment converts pressure sensitive and extruded film materials for a range of decorative, instructional, security, and functional applications for government institutions and global customers in consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets.