Diageo plc (OTCMKTS:DGEAF) Short Interest Update

Diageo plc (OTCMKTS:DGEAF) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 98,300 shares, a drop of 13.7% from the August 15th total of 113,900 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 32.8 days.

Diageo Price Performance

Shares of OTCMKTS DGEAF traded down $0.19 during midday trading on Monday, reaching $39.12. 1,688 shares of the stock were exchanged, compared to its average volume of 6,511. Diageo has a twelve month low of $38.23 and a twelve month high of $47.47. The firm has a 50-day simple moving average of $41.93 and a two-hundred day simple moving average of $43.06.

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.