Short Interest in Britvic plc (OTCMKTS:BTVCY) Drops By 60.9%

Britvic plc (OTCMKTS:BTVCY) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 2,700 shares, a decline of 60.9% from the July 15th total of 6,900 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is currently 2.1 days.

Britvic Price Performance

BTVCY stock traded up $0.20 on Thursday, reaching $32.48. 188 shares of the company’s stock were exchanged, compared to its average volume of 1,607. The stock has a fifty day moving average of $30.13 and a 200-day moving average of $24.96. The company has a current ratio of 1.04, a quick ratio of 0.72 and a debt-to-equity ratio of 2.29. Britvic has a twelve month low of $19.58 and a twelve month high of $33.44.

Britvic Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, May 31st were given a dividend of $0.2212 per share. The ex-dividend date of this dividend was Friday, May 31st.

About Britvic

Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and designs, installs, as well as engages in maintenance of integrated tap related solutions.