CCL Industries Inc. (OTCMKTS:CCDBF) Short Interest Up 22.5% in March

CCL Industries Inc. (OTCMKTS:CCDBF) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 479,000 shares, a growth of 22.5% from the March 15th total of 391,100 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 435.5 days.

CCL Industries Price Performance

CCDBF opened at $49.46 on Monday. The company’s 50 day simple moving average is $49.52 and its two-hundred day simple moving average is $52.56. CCL Industries has a 1-year low of $45.89 and a 1-year high of $61.27.

About CCL Industries

CCL Industries Inc manufactures and sells labels, consumer printable media products, technology-driven label solutions, polymer banknote substrates, and specialty films. It operates through CCL, Avery, Checkpoint, and Innovia segments. The CCL segment converts pressure sensitive and extruded film materials for a range of decorative, instructional, security, and functional applications for government institutions and global customers in consumer packaging, healthcare, chemicals, consumer durables, electronic device, and automotive markets.