Strauss Group Ltd. (OTCMKTS:SGLJF – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 3,238 shares, an increase of 697.5% from the September 15th total of 406 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Strauss Group Price Performance
Shares of SGLJF opened at $38.00 on Friday. Strauss Group has a 52-week low of $38.00 and a 52-week high of $47.52. The stock has a 50 day moving average price of $38.00 and a 200 day moving average price of $43.79.
About Strauss Group
Strauss Group Ltd. is an Israeli food and beverage company headquartered in Petah Tikva, Israel. Its principal activities include the development, manufacture, marketing and distribution of dairy products, chilled foods, coffee, chocolate and confectionery, savory snacks, dips and spreads, and home water-treatment products.
The company traces its origins to a dairy business established by Richard and Hilda Strauss in Nahariya in the 1930s. Strauss expanded through acquisitions and partnerships, including its combination with Elite, an Israeli food company, and has developed a portfolio of consumer brands serving the Israeli market and selected international markets.
Strauss Group operates in Israel and has international coffee and food activities in regions including Europe and Brazil.
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