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

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

Analysts Set New Price Targets

Several equities analysts recently weighed in on CABGY shares. Barclays cut Carlsberg A/S from a "hold" rating to a "strong sell" rating in a research report 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.

Carlsberg A/S Stock Performance

Shares of OTCMKTS CABGY traded down $0.25 during midday trading on Tuesday, hitting $20.77. The stock had a trading volume of 170,831 shares, compared to its average volume of 331,874. The company has a quick ratio of 0.46, a current ratio of 0.59 and a debt-to-equity ratio of 1.28. Carlsberg A/S has a fifty-two week low of $18.21 and a fifty-two week high of $29.59. The company's 50-day simple moving average is $19.86 and its 200 day simple moving average is $21.83.

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.