Diageo plc (OTCMKTS:DGEAF) Short Interest Down 54.8% in March

Diageo plc (OTCMKTS:DGEAF) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 976,200 shares, a drop of 54.8% from the February 28th total of 2,159,500 shares. Based on an average daily volume of 25,900 shares, the short-interest ratio is presently 37.7 days.

Diageo Price Performance

Shares of Diageo stock traded up $0.96 during trading on Friday, reaching $26.85. 2,244 shares of the company’s stock were exchanged, compared to its average volume of 6,539. Diageo has a 1-year low of $25.89 and a 1-year high of $36.95. The firm’s 50-day moving average price is $27.94 and its 200 day moving average price is $30.29.

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.