Short Interest in Diageo plc (OTCMKTS:DGEAF) Decreases By 6.2%

Diageo plc (OTCMKTS:DGEAF) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,464,800 shares, a decline of 6.2% from the January 15th total of 1,562,400 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 261.6 days.

Diageo Trading Up 1.8 %

OTCMKTS:DGEAF opened at $27.29 on Wednesday. The company’s 50-day moving average is $30.03 and its two-hundred day moving average is $31.16. Diageo has a 1-year low of $26.31 and a 1-year high of $38.17.

Diageo Company Profile

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.