CAR Group Limited (OTCMKTS:CSXXY) Short Interest Update

CAR Group Limited (OTCMKTS:CSXXY) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totaling 16 shares, a drop of 86.8% from the December 15th total of 121 shares. Based on an average daily volume of 431 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 431 shares, the days-to-cover ratio is currently 0.0 days.

CAR Group Stock Up 2.2%

OTCMKTS:CSXXY traded up $0.90 during mid-day trading on Monday, hitting $41.27. 733 shares of the company’s stock were exchanged, compared to its average volume of 432. CAR Group has a fifty-two week low of $36.00 and a fifty-two week high of $57.95. The company has a 50 day simple moving average of $42.13 and a 200-day simple moving average of $46.87.

CAR Group Company Profile

CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia Online Advertising Services; Australia Data, Research and Services; Investments; North America; Latin America; and Asia segments. The Australia Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements for corporate customers comprising automotive manufacturers and finance companies.