Virgin Money UK PLC (OTCMKTS:CBBYF) Sees Large Decline in Short Interest

Virgin Money UK PLC (OTCMKTS:CBBYF) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totalling 155,900 shares, a decrease of 72.7% from the June 15th total of 571,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Virgin Money UK Stock Performance

Shares of CBBYF remained flat at $2.20 during mid-day trading on Thursday. Virgin Money UK has a 52-week low of $1.96 and a 52-week high of $2.20. The firm has a 50-day simple moving average of $2.20 and a two-hundred day simple moving average of $2.11.

About Virgin Money UK

Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and Virgin Money brands in the United Kingdom. The company offers savings and current accounts, mortgages, credit cards, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; risk management; asset and invoice finance services; international trade services; and home, car, and life and critical illness insurance products.