CCL Industries Inc. (OTCMKTS:CCDBF) Sees Large Increase in Short Interest

CCL Industries Inc. (OTCMKTS:CCDBF) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 359,400 shares, an increase of 20.0% from the February 13th total of 299,400 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is currently 189.2 days.

CCL Industries Stock Down 0.7 %

OTCMKTS CCDBF opened at $49.48 on Wednesday. The company has a 50 day moving average of $50.14 and a 200-day moving average of $54.40. CCL Industries has a 1-year low of $46.34 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.