Clicks Group Limited (OTCMKTS:CLCGY – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 23,149 shares, an increase of 218.5% from the July 30th total of 7,269 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 37,353 shares, the days-to-cover ratio is currently 0.6 days.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Clicks Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.
Check Out Our Latest Analysis on CLCGY
Clicks Group Stock Performance
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.
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