Greggs plc (OTCMKTS:GGGSF) Short Interest Down 25.3% in February

Greggs plc (OTCMKTS:GGGSF) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 207,700 shares, a decrease of 25.3% from the February 13th total of 277,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 2,077.0 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “sell” rating on shares of Greggs in a report on Thursday, March 6th.

Greggs Price Performance

GGGSF remained flat at $25.50 during midday trading on Monday. The company’s stock had a trading volume of 10 shares, compared to its average volume of 313. Greggs has a 52 week low of $25.50 and a 52 week high of $35.30. The firm has a 50-day simple moving average of $27.01 and a 200-day simple moving average of $33.91.

Greggs Company Profile

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.