Glanbia plc (OTCMKTS:GLAPF) Short Interest Update

Glanbia plc (OTCMKTS:GLAPF) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 290,311 shares, a growth of 71.2% from the February 12th total of 169,576 shares. Based on an average daily volume of 17 shares, the days-to-cover ratio is currently 17,077.1 days. Based on an average daily volume of 17 shares, the days-to-cover ratio is currently 17,077.1 days.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley restated an “overweight” rating on shares of Glanbia in a research note on Thursday, January 29th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.

Glanbia Price Performance

Glanbia stock opened at $19.80 on Friday. The company’s fifty day moving average price is $19.03 and its 200 day moving average price is $17.57. Glanbia has a 1 year low of $12.04 and a 1 year high of $19.99.

Glanbia Company Profile

Glanbia plc is a global nutrition group headquartered in Kilkenny, Ireland, with roots tracing back to the merger of Avonmore and Waterford agricultural cooperatives in 1997. The company is organized around two main divisions: Performance Nutrition, which focuses on sports and lifestyle-forward consumer products, and Glanbia Nutritionals, which supplies nutritional ingredients and custom formulation services to food, beverage and pharmaceutical customers.

Under its Performance Nutrition arm, Glanbia markets well-known brands of protein powders, bars and ready-to-drink beverages designed for athletes, fitness enthusiasts and wellness-focused consumers.