Short Interest in Carlsberg A/S (OTCMKTS:CABGY) Declines By 82.4%

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

Carlsberg A/S Trading Up 0.3 %

CABGY stock traded up $0.05 during trading on Thursday, hitting $19.40. The stock had a trading volume of 231,040 shares, compared to its average volume of 135,928. Carlsberg A/S has a 1-year low of $18.70 and a 1-year high of $29.59. The company's 50 day moving average price is $20.87 and its two-hundred day moving average price is $22.98.

Analyst Ratings Changes

Several research firms recently 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 lowered shares of Carlsberg A/S from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th.

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.