Close Brothers Group plc (OTCMKTS:CBGPY – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 1,861 shares. Based on an average trading volume of 520 shares, the short-interest ratio is presently 3.6 days.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Close Brothers Group in a report on Thursday, October 1st. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Close Brothers Group presently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on CBGPY
Close Brothers Group Stock Performance
Shares of CBGPY opened at $10.30 on Friday. The company’s fifty day moving average is $10.83 and its 200-day moving average is $11.75. Close Brothers Group has a 12 month low of $9.04 and a 12 month high of $14.33.
Close Brothers Group Company Profile
Close Brothers Group plc is a United Kingdom-based specialist financial services company. Founded in 1878, the group provides banking, asset management and securities services primarily to businesses, individuals and professional investors in the UK.
Through Close Brothers Banking, the company offers relationship-based lending and deposit services, including finance for small and medium-sized enterprises, property-related lending, asset finance and motor finance. Its approach is focused on serving niche markets and customers who may require tailored financial solutions.
Close Brothers Asset Management provides financial planning, investment management and wealth management services to private clients, families, businesses and trustees.
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