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

Diageo plc (OTCMKTS:DGEAF) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 394,700 shares, an increase of 52.7% from the October 15th total of 258,400 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is presently 136.1 days.

Diageo Trading Down 1.8 %

Shares of OTCMKTS:DGEAF traded down $0.52 during trading on Friday, reaching $28.83. The stock had a trading volume of 2,327 shares, compared to its average volume of 4,407. Diageo has a 52 week low of $28.83 and a 52 week high of $38.17. The stock has a fifty day simple moving average of $32.44 and a two-hundred day simple moving average of $32.66.

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.