Clicks Group Limited (OTCMKTS:CLCGY – Get Rating) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totalling 1,100 shares, an increase of 175.0% from the April 15th total of 400 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 3.7 days.
Separately, HSBC upgraded shares of Clicks Group from a “hold” rating to a “buy” rating in a research report on Thursday.
CLCGY remained flat at $$35.14 during trading hours on Thursday. 50 shares of the company traded hands, compared to its average volume of 643. The firm has a 50 day moving average of $40.90 and a 200-day moving average of $39.64. Clicks Group has a 12 month low of $33.69 and a 12 month high of $44.44.
About Clicks Group (Get Rating)
Clicks Group Limited, together with its subsidiaries, operates as a health and beauty retailer, and pharmaceutical distributor and wholesaler in South Africa. The company operates in two segments, Retail and Distribution. It retails pharmacy, health and beauty through approximately 840 stores, and 620 in-store pharmacies for the middle to upper income markets under the Clicks name.
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