Carlsberg A/S (OTCMKTS:CABGY - Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 9,800 shares, a growth of 8.9% from the September 15th total of 9,000 shares. Based on an average trading volume of 229,700 shares, the short-interest ratio is presently 0.0 days.
Carlsberg A/S Stock Down 1.3 %
Shares of OTCMKTS:CABGY traded down $0.29 during trading on Tuesday, reaching $22.76. The stock had a trading volume of 303,464 shares, compared to its average volume of 112,227. The firm's 50-day simple moving average is $23.24 and its 200 day simple moving average is $25.23. Carlsberg A/S has a one year low of $22.23 and a one year high of $29.59.
Wall Street Analysts Forecast Growth
Separately, Barclays upgraded Carlsberg A/S to a "hold" rating in a research report on Monday, September 30th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold".
Read Our Latest Stock Report on CABGY
About Carlsberg A/S
(
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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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