Clicks Group Limited (OTCMKTS:CLCGY) Sees Significant Decrease in Short Interest

Clicks Group Limited (OTCMKTS:CLCGY) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 7,269 shares, a drop of 86.6% from the July 15th total of 54,131 shares. Based on an average trading volume of 71,985 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Clicks Group Stock Up 1.3%

Shares of OTCMKTS:CLCGY opened at $26.56 on Friday. The business’s 50 day moving average is $27.58 and its 200 day moving average is $32.72. Clicks Group has a 12-month low of $25.26 and a 12-month high of $44.41.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Clicks Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Clicks Group currently has an average rating of “Hold”.

About Clicks Group

Clicks Group is a South African-based healthcare, beauty and wellness retailer operating primarily under the Clicks banner. The company’s core business comprises a network of pharmacies, health and beauty stores, and distribution services. Through its retail outlets, Clicks Group offers a range of products that includes prescription and over-the-counter medicines, personal care items, cosmetics, baby and household products, and nutritional supplements.

In addition to its branded pharmacies and retail stores, Clicks Group owns and operates a wholesale and distribution business that supplies products to its own stores and to third-party retailers across the region.