Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY – Get Free Report) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 190 shares, a growth of 90.0% from the December 31st total of 100 shares. Based on an average trading volume of 385 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 385 shares, the short-interest ratio is currently 0.5 days.
Groupe Bruxelles Lambert Stock Performance
Shares of GBLBY stock remained flat at $9.70 during mid-day trading on Friday. 86 shares of the stock were exchanged, compared to its average volume of 600. The company has a fifty day moving average price of $8.90 and a 200 day moving average price of $8.85. Groupe Bruxelles Lambert has a twelve month low of $6.74 and a twelve month high of $11.50.
Analyst Upgrades and Downgrades
Separately, Citigroup reissued a “neutral” rating on shares of Groupe Bruxelles Lambert in a report on Friday, November 21st. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.
About Groupe Bruxelles Lambert
Groupe Bruxelles Lambert (OTCMKTS:GBLBY) is a Belgian investment holding company headquartered in Brussels. Established in 1972 through the consolidation of two family-controlled investment entities, GBL has evolved into one of Europe’s leading diversified investment groups. The company’s strategy focuses on long-term value creation through active ownership and stewardship, positioning itself as a stable partner to the companies in which it invests.
GBL maintains a broad portfolio spanning multiple sectors, including consumer goods, healthcare, energy, materials and financial services.
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