Strauss Group Ltd. (OTCMKTS:SGLJF) Sees Large Drop in Short Interest

Strauss Group Ltd. (OTCMKTS:SGLJF) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 406 shares, a drop of 81.6% from the February 26th total of 2,204 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Strauss Group Stock Performance

OTCMKTS:SGLJF remained flat at $47.52 during trading hours on Wednesday. The firm has a 50 day simple moving average of $31.86 and a 200 day simple moving average of $20.96. Strauss Group has a one year low of $42.00 and a one year high of $47.52.

About Strauss Group

Strauss Group (OTCMKTS:SGLJF) is a leading Israeli food and beverage company with a diverse portfolio spanning dairy products, coffee, water, and savory snacks. The company’s product lineup includes branded dairy spreads, yogurts, cheeses, specialty coffee blends, bottled and filtered water, as well as a range of snack items produced through joint ventures. Strauss Group operates manufacturing facilities in Israel and maintains regional production sites to serve its core markets efficiently.

In addition to its strong domestic presence, Strauss Group has built an international footprint through strategic partnerships and acquisitions.