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

Diageo plc (OTCMKTS:DGEAF) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 4,053,104 shares, a growth of 27.6% from the November 30th total of 3,177,557 shares. Based on an average trading volume of 19,898 shares, the short-interest ratio is currently 203.7 days. Based on an average trading volume of 19,898 shares, the short-interest ratio is currently 203.7 days.

Diageo Price Performance

Shares of DGEAF opened at $21.47 on Friday. Diageo has a one year low of $20.93 and a one year high of $32.06. The stock has a 50-day moving average price of $22.61 and a 200 day moving average price of $24.75.

Diageo Company Profile

Diageo plc is a British multinational beverage alcohol company headquartered in London, England. It is one of the world’s leading producers and distributors of spirits, beer and ready-to-drink beverages. The company’s portfolio spans a range of premium and mainstream brands, with operations that touch on all major aspects of beverage manufacturing, marketing and distribution.

Diageo’s brand lineup includes iconic Scotch whiskies such as Johnnie Walker and Cardhu; global vodka brands like Smirnoff; renowned Irish cream liqueur Baileys; spiced and dark rums under the Captain Morgan label; and the world-famous Guinness stout.