Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) Sees Significant Decrease in Short Interest

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 100 shares, a drop of 66.7% from the November 30th total of 300 shares. Based on an average daily volume of 604 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 604 shares, the days-to-cover ratio is currently 0.2 days.

Groupe Bruxelles Lambert Stock Performance

Shares of OTCMKTS:GBLBY remained flat at $8.92 during midday trading on Friday. The company’s 50 day simple moving average is $8.77 and its two-hundred day simple moving average is $8.75. Groupe Bruxelles Lambert has a 1-year low of $6.71 and a 1-year high of $11.50.

Analyst Upgrades and Downgrades

Separately, Citigroup reaffirmed a “neutral” rating on shares of Groupe Bruxelles Lambert in a research note on Friday, November 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Groupe Bruxelles Lambert Company Profile

Groupe Bruxelles Lambert (OTCMKTS:GBLBY) is a Belgian investment holding company headquartered in Brussels. Established in 1972 through the consolidation of two family-controlled investment entities, GBL has evolved into one of Europe’s leading diversified investment groups. The company’s strategy focuses on long-term value creation through active ownership and stewardship, positioning itself as a stable partner to the companies in which it invests.

GBL maintains a broad portfolio spanning multiple sectors, including consumer goods, healthcare, energy, materials and financial services.