Carlsberg A/S (OTCMKTS:CABGY) Short Interest Update

Carlsberg A/S (OTCMKTS:CABGY) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 9,800 shares, a decrease of 82.4% from the November 30th total of 55,600 shares. Based on an average trading volume of 486,200 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CABGY. Barclays downgraded Carlsberg A/S from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 14th. BNP Paribas downgraded shares of Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th.

Carlsberg A/S Trading Up 0.4 %

OTCMKTS:CABGY traded up $0.08 during mid-day trading on Friday, hitting $19.48. The stock had a trading volume of 314,114 shares, compared to its average volume of 136,641. The company’s 50 day simple moving average is $20.79 and its 200 day simple moving average is $22.89. Carlsberg A/S has a twelve month low of $18.70 and a twelve month high of $29.59.

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.