Clicks Group Limited (OTCMKTS:CLCGY) Sees Large Growth in Short Interest

Clicks Group Limited (OTCMKTS:CLCGY) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 52,674 shares, an increase of 304.5% from the August 31st total of 13,022 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 118,508 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Clicks Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Clicks Group Trading Up 0.3%

OTCMKTS:CLCGY traded up $0.07 during mid-day trading on Friday, reaching $25.91. The stock had a trading volume of 5,556 shares, compared to its average volume of 23,134. The business’s 50 day moving average is $25.74 and its 200 day moving average is $29.55. Clicks Group has a fifty-two week low of $22.86 and a fifty-two week high of $44.26.

About Clicks Group

Clicks Group Limited is a South African retail and healthcare group focused on pharmacy, health, beauty and wellness products. Its retail operations are anchored by the Clicks chain, which sells prescription and over-the-counter medicines, personal-care products, cosmetics, toiletries, baby-care products, vitamins and general healthcare merchandise.

The group also operates through United Pharmaceutical Distributors (UPD), a pharmaceutical wholesaler and distributor that supplies medicines and related products to pharmacies, hospitals, doctors and other healthcare providers.