Short Interest in Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY) Expands By 99.9%

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBYGet Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,375 shares, a growth of 99.9% from the April 30th total of 688 shares. Based on an average daily volume of 1,537 shares, the short-interest ratio is currently 0.9 days.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “neutral” rating on shares of Groupe Bruxelles Lambert in a report on Thursday, May 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Groupe Bruxelles Lambert currently has an average rating of “Hold”.

View Our Latest Stock Analysis on GBLBY

Groupe Bruxelles Lambert Trading Down 1.0%

Shares of OTCMKTS GBLBY traded down $0.10 during mid-day trading on Tuesday, hitting $9.60. 330 shares of the stock traded hands, compared to its average volume of 2,588. Groupe Bruxelles Lambert has a twelve month low of $7.90 and a twelve month high of $44.51. The firm has a 50 day simple moving average of $9.77 and a two-hundred day simple moving average of $9.37.

About Groupe Bruxelles Lambert

(Get Free Report)

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.

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