Diageo plc (OTCMKTS:DGEAF) Sees Significant Increase in Short Interest

() saw a notable increase in short interest during the month of April. On April 30, there were 157,700 shorted shares. This is a 447.6% increase from the total of 28800 shares on April 15. The short-interest rate is currently 78.9 based on an average daily volume of 2,000 share.

Diageo Stock Performance

Trading on Wednesday saw a $2.81 decline, bringing the price to $44.67. The trading volume was 1,663 shares compared to the average of 5,386. The company has a 50-day moving average of 44.62 and a 200-day moving average at $44.02. Get Rating

Diageo Plc is a company that produces and distributes alcoholic beverages. Diageo Plc's brands include Johnnie Walker and Crown Royal whiskies, Ciroc, Ketel One, Smirnoff and Buchanan's vodkas, Captain Morgan and Baileys, Don Julio and Tanqueray as well as Guinness. It is divided into five geographical segments: North America, Europe and Turkey, Africa; Latin America and Caribbean and Asia Pacific; ISC and Corporate and Other.

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