Carlsberg AS (OTCMKTS:CABGY) Short Interest Up 532.7% in July

Carlsberg AS (OTCMKTS:CABGY) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 11,022 shares, a growth of 532.7% from the July 15th total of 1,742 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 57,287 shares, the days-to-cover ratio is presently 0.2 days.

Carlsberg AS Price Performance

Shares of OTCMKTS CABGY opened at $28.68 on Wednesday. The stock’s 50-day moving average is $27.59 and its 200 day moving average is $27.49. Carlsberg AS has a 1-year low of $23.10 and a 1-year high of $32.16. The company has a debt-to-equity ratio of 2.00, a current ratio of 0.60 and a quick ratio of 0.46.

About Carlsberg AS

Carlsberg A/S is a Danish multinational brewer founded in 1847 and headquartered in Copenhagen. The company is primarily engaged in the brewing, marketing and distribution of beer, cider and related beverages. Its portfolio comprises global and regional beer brands, led by the Carlsberg and Tuborg names, alongside a range of local brands tailored to specific markets. Carlsberg also operates maltings and brewing facilities and provides packaging and logistics services that support its beverage operations.

Carlsberg sells products across Europe and Asia and maintains a presence in numerous other markets through wholly owned subsidiaries, joint ventures and export arrangements.