Greggs plc (OTCMKTS:GGGSF – Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 257,300 shares, a growth of 23.9% from the February 28th total of 207,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 2,573.0 days.
Greggs Stock Performance
Shares of GGGSF remained flat at $23.90 during midday trading on Wednesday. The firm has a 50-day moving average of $25.17 and a 200-day moving average of $32.74. Greggs has a 1-year low of $22.85 and a 1-year high of $35.30.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating on shares of Greggs in a research note on Thursday, March 6th.
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.
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