Greggs plc (OTCMKTS:GGGSF) Short Interest Down 25.3% in February

Greggs plc (OTCMKTS:GGGSF) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 207,700 shares, a drop of 25.3% from the February 13th total of 277,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2,077.0 days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Greggs in a research note on Thursday, March 6th.

Greggs Stock Performance

Shares of OTCMKTS GGGSF remained flat at $25.50 during trading on Monday. The stock had a trading volume of 10 shares, compared to its average volume of 313. The business’s 50-day moving average is $27.01 and its 200-day moving average is $33.91. Greggs has a 52-week low of $25.50 and a 52-week high of $35.30.

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.