Carlsberg A/S (OTCMKTS:CABGY) Short Interest Up 26.7% in August

Carlsberg A/S (OTCMKTS:CABGY) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,900 shares, an increase of 26.7% from the August 15th total of 1,500 shares. Based on an average daily trading volume, of 394,000 shares, the days-to-cover ratio is currently 0.0 days.

Carlsberg A/S Price Performance

OTCMKTS CABGY traded up $0.11 on Friday, reaching $23.75. The company had a trading volume of 63,317 shares, compared to its average volume of 110,538. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 1.19. Carlsberg A/S has a 1 year low of $22.23 and a 1 year high of $29.59. The firm has a 50-day moving average of $23.82 and a 200-day moving average of $25.84.

Carlsberg A/S Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.