CAR Group Limited (OTCMKTS:CSXXY) Sees Large Increase in Short Interest

CAR Group Limited (OTCMKTS:CSXXY – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 29 shares, a growth of 866.7% from the September 30th total of 3 shares. Based on an average trading volume of 137 shares, the days-to-cover ratio is presently 0.2 days.

CAR Group Price Performance

Shares of CSXXY stock opened at $36.93 on Thursday. CAR Group has a 12-month low of $28.03 and a 12-month high of $47.35. The firm has a fifty day moving average of $34.60 and a 200-day moving average of $35.93.

About CAR Group

(Get Free Report)

CAR Group Limited is an online automotive marketplace and technology company headquartered in Melbourne, Australia. The company operates digital platforms that connect consumers, dealers and other businesses to buy, sell and research new and used vehicles, as well as related automotive products and services.

Its principal Australian platform is carsales, which provides vehicle listings, dealer tools, automotive research and advertising solutions. CAR Group also operates Trader Interactive in the United States, a marketplace serving powersports, recreational vehicles, commercial equipment and other specialty vehicle categories.

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