Clicks Group Limited (OTCMKTS:CLCGY – Get Rating) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 400 shares, a decline of 69.2% from the March 31st total of 1,300 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 0.5 days.
Separately, HSBC downgraded Clicks Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 26th.
Clicks Group stock traded up $0.28 during trading on Friday, hitting $40.60. 231 shares of the company were exchanged, compared to its average volume of 619. The business’s 50 day moving average is $41.34 and its 200 day moving average is $39.67. Clicks Group has a 52 week low of $34.48 and a 52 week 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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