Carlsberg A/S (OTCMKTS:CABGY) Short Interest Down 54.5% in February

Carlsberg A/S (OTCMKTS:CABGY - Get Free Report) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 15,300 shares, a drop of 54.5% from the February 13th total of 33,600 shares. Based on an average trading volume of 266,500 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Carlsberg A/S Trading Up 1.1 %

Carlsberg A/S stock traded up $0.28 during trading hours on Monday, hitting $26.93. The company had a trading volume of 35,753 shares, compared to its average volume of 296,646. The firm's fifty day moving average is $22.48 and its 200-day moving average is $21.99. Carlsberg A/S has a fifty-two week low of $18.21 and a fifty-two week 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.

Carlsberg A/S Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Investors of record on Wednesday, March 19th will be issued a dividend of $0.7593 per share. This is a positive change from Carlsberg A/S's previous dividend of $0.53. The ex-dividend date of this dividend is Wednesday, March 19th.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Royal Bank of Canada upgraded Carlsberg A/S from a "sector perform" rating to an "outperform" rating in a research report on Friday. BNP Paribas downgraded Carlsberg A/S from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th.

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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.