DCC plc (OTCMKTS:DCCPY) Sees Large Drop in Short Interest

DCC plc (OTCMKTS:DCCPY) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 288 shares, a decrease of 39.4% from the May 31st total of 475 shares. Based on an average daily volume of 99 shares, the days-to-cover ratio is currently 2.9 days.

DCC Stock Performance

OTCMKTS DCCPY remained flat at $42.30 during mid-day trading on Wednesday. 21 shares of the company traded hands, compared to its average volume of 2,333. The firm’s fifty day moving average price is $40.09 and its 200 day moving average price is $35.26. DCC has a twelve month low of $28.55 and a twelve month high of $43.07.

About DCC

DCC PLC is an international sales, marketing and support services group offering a diverse portfolio of products and solutions across multiple sectors. Through its four principal divisions—Energy, Healthcare, Technology and Environmental—DCC works with leading global suppliers to bring tailored offerings to markets in Europe and North America. The company’s operations span fuel distribution, healthcare consumables, technology infrastructure and environmental equipment, providing both branded and private-label solutions to a broad customer base.

In its Energy division, DCC markets and distributes liquefied petroleum gas, aviation fuels, natural gas and lubricants, serving retail forecourts, commercial users and industrial clients.