Carlsberg A/S (OTCMKTS:CABGY) Short Interest Down 14.3% in December

Carlsberg A/S (OTCMKTS:CABGY - Get Free Report) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 8,400 shares, a decrease of 14.3% from the December 15th total of 9,800 shares. Based on an average trading volume of 686,200 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

CABGY has been the topic of several research analyst reports. Barclays lowered Carlsberg A/S from a "hold" rating to a "strong sell" rating in a research report on Thursday, November 14th. BNP Paribas cut shares of Carlsberg A/S from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th.

Carlsberg A/S Price Performance

CABGY traded up $0.36 on Friday, reaching $19.31. The company had a trading volume of 1,024,939 shares, compared to its average volume of 290,709. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.59 and a quick ratio of 0.46. Carlsberg A/S has a 1 year low of $18.21 and a 1 year high of $29.59. The stock has a 50-day moving average price of $19.88 and a 200-day moving average price of $22.23.

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.

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