Greggs plc (OTCMKTS:GGGSF) Sees Large Growth in Short Interest

Greggs plc (OTCMKTS:GGGSF) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 159,600 shares, an increase of 31,820.0% from the October 31st total of 500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Greggs Price Performance

Shares of OTCMKTS GGGSF opened at $38.00 on Thursday. The firm’s 50 day simple moving average is $38.00 and its 200-day simple moving average is $37.36. Greggs has a 12 month low of $35.00 and a 12 month high of $38.00.

Greggs Company Profile

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.