Diageo plc (OTCMKTS:DGEAF) Sees Significant Growth in Short Interest

Diageo plc (OTCMKTS:DGEAF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,015,900 shares, a growth of 14.6% from the December 15th total of 886,300 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is currently 188.1 days.

Diageo Stock Performance

Shares of OTCMKTS:DGEAF traded up $0.95 during trading hours on Friday, hitting $29.76. 275 shares of the company’s stock traded hands, compared to its average volume of 2,497. The company’s fifty day simple moving average is $30.44 and its two-hundred day simple moving average is $31.65. Diageo has a 52 week low of $28.22 and a 52 week high of $38.17.

About Diageo

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.