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

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

Analyst Upgrades and Downgrades

CABGY has been the topic of several recent analyst reports. BNP Paribas lowered 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 report on Thursday, November 14th.

Carlsberg A/S Price Performance

Shares of CABGY traded down $0.11 during midday trading on Friday, reaching $20.25. The stock had a trading volume of 201,315 shares, compared to its average volume of 127,801. The company’s fifty day simple moving average is $21.54 and its two-hundred day simple moving average is $23.46. Carlsberg A/S has a 1-year low of $20.00 and a 1-year high of $29.59.

Carlsberg A/S Company Profile

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.