Close Brothers Group plc (OTCMKTS:CBGPF) Stock Short Interest Declines 44.5%

Close Brothers Group plc (OTCMKTS:CBGPF) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 8,610 shares, a drop of 44.5% from the August 31st total of 15,510 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Close Brothers Group Price Performance

Shares of CBGPF opened at $7.20 on Friday. Close Brothers Group has a 12-month low of $4.46 and a 12-month high of $7.20. The firm has a fifty day moving average price of $7.20 and a 200-day moving average price of $7.20.

Close Brothers Group Company Profile

Close Brothers Group plc is a United Kingdom-based merchant banking group that provides financial services to individuals, businesses and institutions. Its operations are focused primarily on the UK market and are organized around banking, securities trading and asset management.

Through its banking business, Close Brothers provides lending and deposit-taking services, including asset finance, motor finance, property finance, invoice and specialist finance, and premium finance. The group also offers investment management, financial planning and wealth management services through Close Brothers Asset Management.

Close Brothers’ securities division, Winterflood Securities, provides market-making and execution services in UK-listed securities for institutional and retail brokers.