Short Interest in Carlsberg A/S (OTCMKTS:CABGY) Increases By 2,434.5%

Carlsberg A/S (OTCMKTS:CABGY - Get Free Report) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 212,900 shares, an increase of 2,434.5% from the December 31st total of 8,400 shares. Based on an average trading volume of 645,700 shares, the days-to-cover ratio is currently 0.3 days.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. BNP Paribas cut Carlsberg A/S from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Barclays lowered Carlsberg A/S from a "hold" rating to a "strong sell" rating in a research report on Thursday, November 14th.

Carlsberg A/S Stock Down 1.2 %

Shares of OTCMKTS CABGY traded down $0.25 during trading hours on Monday, hitting $20.77. The company had a trading volume of 170,831 shares, compared to its average volume of 343,897. The company has a current ratio of 0.59, a quick ratio of 0.46 and a debt-to-equity ratio of 1.28. Carlsberg A/S has a 1-year low of $18.21 and a 1-year high of $29.59. The firm's 50 day moving average is $19.86 and its 200-day moving average is $21.86.

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.