Short Interest in CCL Industries Inc. (OTCMKTS:CCDBF) Decreases By 36.4%

CCL Industries Inc. (OTCMKTS:CCDBF) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 224,300 shares, a drop of 36.4% from the November 15th total of 352,600 shares. Based on an average trading volume of 15,700 shares, the short-interest ratio is currently 14.3 days.

CCL Industries Trading Down 0.5 %

Shares of CCDBF stock traded down $0.25 during mid-day trading on Friday, reaching $52.71. 278 shares of the company’s stock traded hands, compared to its average volume of 6,603. CCL Industries has a 12 month low of $41.20 and a 12 month high of $61.27. The firm has a 50 day moving average price of $57.31 and a two-hundred day moving average price of $55.68.

About CCL Industries

CCL Industries Inc manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through CCL, Avery, Checkpoint, and Innovia segments. The CCL segment converts pressure sensitive and extruded film materials for a range of decorative, instructional, security, and functional applications for government institutions and global customers in consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets.