Glanbia Plc ADR (OTCMKTS:GLAPY) Sees Large Decrease in Short Interest

Glanbia Plc ADR (OTCMKTS:GLAPY) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 106 shares, a decline of 57.8% from the April 30th total of 251 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 106.0 days.

Analyst Ratings Changes

A number of equities analysts recently commented on GLAPY shares. Kepler Capital Markets downgraded shares of Glanbia from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Zacks Research raised shares of Glanbia to a “hold” rating in a research note on Tuesday, March 3rd. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Glanbia Price Performance

OTCMKTS:GLAPY opened at $118.22 on Friday. Glanbia has a fifty-two week low of $71.00 and a fifty-two week high of $120.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.81 and a current ratio of 1.36. The company’s 50-day simple moving average is $103.18 and its 200-day simple moving average is $95.32.

Glanbia Company Profile

Glanbia plc is a global nutrition company headquartered in Kilkenny, Ireland. The company operates through two principal divisions: Performance Nutrition and Glanbia Nutritionals. Performance Nutrition develops and markets sports and lifestyle nutrition products, including powders, bars and ready-to-drink beverages for athletes and fitness enthusiasts. Glanbia Nutritionals supplies dairy-based ingredients, specialty cheeses, whey proteins, nutrient premixes and functional food solutions to food, beverage and supplement manufacturers worldwide.

Glanbia was formed in 1997 through the merger of Avonmore Food plc and Waterford Foods plc.