Short Interest in Close Brothers Group plc (OTCMKTS:CBGPF) Declines By 12.1%

Close Brothers Group plc (OTCMKTS:CBGPF) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 10,200 shares, a decrease of 12.1% from the December 15th total of 11,600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 102.0 days.

Close Brothers Group Price Performance

Shares of CBGPF opened at $2.42 on Friday. Close Brothers Group has a 1-year low of $3.53 and a 1-year high of $3.53. The firm’s 50 day simple moving average is $3.24 and its 200 day simple moving average is $6.80.

Close Brothers Group Company Profile

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.