Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) Sees Large Decrease in Short Interest

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 100 shares, a drop of 66.7% from the November 30th total of 300 shares. Based on an average daily trading volume, of 604 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 604 shares, the short-interest ratio is currently 0.2 days.

Groupe Bruxelles Lambert Price Performance

Shares of GBLBY stock remained flat at $8.92 during mid-day trading on Friday. Groupe Bruxelles Lambert has a 52-week low of $6.71 and a 52-week high of $11.50. The company has a fifty day moving average price of $8.77 and a 200-day moving average price of $8.75.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated 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, According to MarketBeat, Groupe Bruxelles Lambert has an average 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.