Short Interest in Diageo plc (OTCMKTS:DGEAF) Drops By 66.8%

Diageo plc (OTCMKTS:DGEAF) saw a large decrease in short interest in June. As of June 15th, there was short interest totalling 203,600 shares, a decrease of 66.8% from the May 31st total of 613,200 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is presently 27.9 days.

Diageo Price Performance

Shares of OTCMKTS DGEAF traded down $0.79 during mid-day trading on Friday, hitting $31.30. The stock had a trading volume of 1,972 shares, compared to its average volume of 4,393. The company has a 50 day moving average of $33.93 and a two-hundred day moving average of $35.33. Diageo has a twelve month low of $31.10 and a twelve month high of $44.96.

Diageo Company Profile

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.