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

CCL Industries Inc. (OTCMKTS:CCDBF) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 307,300 shares, a decline of 11.1% from the January 15th total of 345,800 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is presently 170.7 days.

CCL Industries Stock Performance

OTCMKTS CCDBF traded down $0.18 during trading hours on Friday, hitting $49.39. 210 shares of the company’s stock traded hands, compared to its average volume of 1,100. The business’s fifty day moving average price is $50.66 and its two-hundred day moving average price is $55.10. CCL Industries has a 52 week low of $43.22 and a 52 week high of $61.27.

CCL Industries Company Profile

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.