CAR Group Limited (OTCMKTS:CSXXY) Short Interest Update

CAR Group Limited (OTCMKTS:CSXXY) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 629 shares, a decrease of 58.2% from the June 30th total of 1,504 shares. Based on an average daily volume of 1,992 shares, the days-to-cover ratio is currently 0.3 days.

CAR Group Stock Performance

Shares of OTCMKTS CSXXY remained flat at $34.47 during trading hours on Tuesday. The stock had a trading volume of 792 shares, compared to its average volume of 684. The company’s 50 day simple moving average is $35.94 and its two-hundred day simple moving average is $36.12. CAR Group has a one year low of $28.03 and a one year high of $57.95.

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.