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 decline in short interest during the month of October. As of October 30th, there was short interest totaling 16,045 shares, a decline of 81.1% from the October 15th total of 84,854 shares. Based on an average daily trading volume, of 73,007 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

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

Clicks Group Price Performance

Shares of CLCGY traded down $1.12 during mid-day trading on Thursday, hitting $25.18. 710 shares of the company traded hands, compared to its average volume of 26,176. Clicks Group has a one year low of $22.86 and a one year high of $44.26. The business has a 50-day moving average of $26.21 and a 200 day moving average of $30.63.

Clicks Group Company Profile

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.