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

Carlsberg A/S (OTCMKTS:CABGY - Get Free Report) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 33,600 shares, a drop of 44.2% from the January 31st total of 60,200 shares. Based on an average daily trading volume, of 407,700 shares, the days-to-cover ratio is currently 0.1 days.

Carlsberg A/S Price Performance

CABGY traded up $0.67 on Wednesday, hitting $25.92. The company's stock had a trading volume of 48,001 shares, compared to its average volume of 262,720. Carlsberg A/S has a 12 month low of $18.21 and a 12 month high of $29.59. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 0.89. The company's 50 day simple moving average is $21.38 and its 200-day simple moving average is $21.80.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Barclays cut Carlsberg A/S from a "hold" rating to a "strong sell" rating in a research report 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.

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.