Short Interest in CAR Group Limited (OTCMKTS:CSXXY) Rises By 118.8%

CAR Group Limited (OTCMKTS:CSXXY) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 175 shares, a growth of 118.8% from the November 30th total of 80 shares. Based on an average daily volume of 454 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 454 shares, the days-to-cover ratio is presently 0.4 days.

CAR Group Stock Performance

Shares of OTCMKTS CSXXY opened at $40.01 on Friday. The business has a fifty day simple moving average of $43.51 and a 200 day simple moving average of $47.34. CAR Group has a one year low of $36.00 and a one year high of $57.95.

About CAR Group

CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia Online Advertising Services; Australia Data, Research and Services; Investments; North America; Latin America; and Asia segments. The Australia Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements for corporate customers comprising automotive manufacturers and finance companies.