Close Brothers Group plc (OTCMKTS:CBGPY) Short Interest Down 25.0% in April

Close Brothers Group plc (OTCMKTS:CBGPY) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, a decline of 25.0% from the March 31st total of 400 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 0.3 days.

Close Brothers Group Price Performance

OTCMKTS:CBGPY traded up $0.52 on Monday, reaching $11.96. 2,400 shares of the company’s stock were exchanged, compared to its average volume of 1,280. Close Brothers Group has a 52 week low of $7.34 and a 52 week high of $25.41. The stock has a fifty day simple moving average of $9.94 and a 200-day simple moving average of $15.09.

Close Brothers Group Company Profile

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.