Short Interest in Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) Rises By 90.0%

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 190 shares, an increase of 90.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 385 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 385 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

Separately, Citigroup reiterated a “neutral” rating on shares of Groupe Bruxelles Lambert in a report on Friday, November 21st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Groupe Bruxelles Lambert Stock Down 1.3%

OTCMKTS GBLBY traded down $0.13 during trading hours on Friday, hitting $9.70. 1,099 shares of the company’s stock traded hands, compared to its average volume of 600. Groupe Bruxelles Lambert has a 52-week low of $6.74 and a 52-week high of $11.50. The firm’s 50-day moving average is $8.88 and its 200-day moving average is $8.84.

About Groupe Bruxelles Lambert

Groupe Bruxelles Lambert (OTCMKTS:GBLBY) is a Belgian investment holding company headquartered in Brussels. Established in 1972 through the consolidation of two family-controlled investment entities, GBL has evolved into one of Europe’s leading diversified investment groups. The company’s strategy focuses on long-term value creation through active ownership and stewardship, positioning itself as a stable partner to the companies in which it invests.

GBL maintains a broad portfolio spanning multiple sectors, including consumer goods, healthcare, energy, materials and financial services.