Carlsberg A/S (OTCMKTS:CABGY) Short Interest Update

Carlsberg A/S (OTCMKTS:CABGY) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 4,400 shares, an increase of 120.0% from the March 31st total of 2,000 shares. Based on an average daily volume of 65,400 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CABGY. BNP Paribas upgraded shares of Carlsberg A/S from a “neutral” rating to an “outperform” rating in a report on Friday, January 12th. UBS Group raised shares of Carlsberg A/S from a “sell” rating to a “neutral” rating in a research note on Monday, February 12th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Carlsberg A/S Price Performance

OTCMKTS CABGY traded up $0.07 on Friday, reaching $27.40. The company had a trading volume of 3,385,638 shares, compared to its average volume of 130,298. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 1.19. Carlsberg A/S has a 1 year low of $23.32 and a 1 year high of $33.70. The firm has a 50-day moving average of $27.09 and a 200-day moving average of $25.77.

Carlsberg A/S Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 21st. Stockholders of record on Wednesday, March 13th were paid a $0.5255 dividend. The ex-dividend date of this dividend was Tuesday, March 12th. This is an increase from Carlsberg A/S’s previous dividend of $0.53.

About Carlsberg A/S

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.