Carlsberg A/S (OTCMKTS:CABGY) Short Interest Up 120.0% in April

Carlsberg A/S (OTCMKTS:CABGY) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 4,400 shares, an increase of 120.0% from the March 31st total of 2,000 shares. Based on an average daily volume of 65,400 shares, the short-interest ratio is currently 0.1 days.

Carlsberg A/S Stock Up 0.3 %

CABGY stock traded up $0.07 during mid-day trading on Friday, hitting $27.40. 3,385,638 shares of the company were exchanged, compared to its average volume of 39,421. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.64 and a quick ratio of 0.52. Carlsberg A/S has a twelve month low of $23.32 and a twelve month high of $33.70. The firm has a fifty day simple moving average of $27.09 and a 200 day simple moving average of $25.77.

Carlsberg A/S Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 21st. Shareholders of record on Wednesday, March 13th were issued a dividend of $0.5255 per share. This is a positive change from Carlsberg A/S’s previous dividend of $0.53. The ex-dividend date was Tuesday, March 12th.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. UBS Group raised shares of Carlsberg A/S from a “sell” rating to a “neutral” rating in a research report on Monday, February 12th. BNP Paribas raised shares of Carlsberg A/S from a “neutral” rating to an “outperform” rating in a research report on Friday, January 12th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Carlsberg A/S Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.