Clicks Group Limited (OTCMKTS:CLCGY) Shares Shorted: Short Interest Down 81.1% in October

Clicks Group Limited (OTCMKTS:CLCGY) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 16,045 shares, a drop of 81.1% from the October 15th total of 84,854 shares. Based on an average trading volume of 73,007 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Clicks Group Stock Performance

CLCGY opened at $25.08 on Friday. The stock’s 50 day simple moving average is $26.20 and its 200 day simple moving average is $30.56. Clicks Group has a 1 year low of $22.86 and a 1 year high of $44.26.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Clicks Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

About Clicks Group

Clicks Group is a South African health and beauty retailer best known for its Clicks chain of pharmacies and retail stores. Its stores offer prescription and over-the-counter medicines, personal care and beauty products, basic healthcare services, and selected general merchandise. The group also operates United Pharmaceutical Distributors (UPD), a pharmaceutical wholesaler that supplies medicines and other healthcare products to pharmacies, hospitals, and healthcare providers. Clicks markets a range of private-label products alongside national brands.