Short Interest in Glanbia Plc ADR (OTCMKTS:GLAPY) Drops By 85.9%

Glanbia Plc ADR (OTCMKTS:GLAPY) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 72 shares, a decrease of 85.9% from the January 29th total of 509 shares. Based on an average daily volume of 140 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 140 shares, the days-to-cover ratio is currently 0.5 days.

Glanbia Stock Performance

OTCMKTS GLAPY remained flat at $98.24 during mid-day trading on Thursday. The business has a 50 day simple moving average of $91.55 and a two-hundred day simple moving average of $85.46. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.89 and a current ratio of 1.67. Glanbia has a fifty-two week low of $52.40 and a fifty-two week high of $99.00.

Glanbia Company Profile

Glanbia plc is a global nutrition company headquartered in Kilkenny, Ireland. The company operates through two principal divisions: Performance Nutrition and Glanbia Nutritionals. Performance Nutrition develops and markets sports and lifestyle nutrition products, including powders, bars and ready-to-drink beverages for athletes and fitness enthusiasts. Glanbia Nutritionals supplies dairy-based ingredients, specialty cheeses, whey proteins, nutrient premixes and functional food solutions to food, beverage and supplement manufacturers worldwide.

Glanbia was formed in 1997 through the merger of Avonmore Food plc and Waterford Foods plc.