Clicks Group Limited (OTCMKTS:CLCGY) Short Interest Update

Clicks Group Limited (OTCMKTS:CLCGY) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 11,768 shares, a drop of 41.6% from the May 31st total of 20,153 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 59,620 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Clicks Group to a “hold” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Clicks Group Trading Up 2.2%

Shares of Clicks Group stock traded up $0.60 on Wednesday, reaching $28.45. 32,082 shares of the company were exchanged, compared to its average volume of 14,045. Clicks Group has a fifty-two week low of $26.76 and a fifty-two week high of $44.41. The firm has a market capitalization of $3.36 billion and a price-to-earnings ratio of 4.65. The stock has a fifty day moving average price of $30.34 and a 200-day moving average price of $35.84.

About Clicks Group

Clicks Group is a South African-based healthcare, beauty and wellness retailer operating primarily under the Clicks banner. The company’s core business comprises a network of pharmacies, health and beauty stores, and distribution services. Through its retail outlets, Clicks Group offers a range of products that includes prescription and over-the-counter medicines, personal care items, cosmetics, baby and household products, and nutritional supplements.

In addition to its branded pharmacies and retail stores, Clicks Group owns and operates a wholesale and distribution business that supplies products to its own stores and to third-party retailers across the region.