Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 1,375 shares, a growth of 99.9% from the April 30th total of 688 shares. Based on an average daily volume of 1,537 shares, the short-interest ratio is presently 0.9 days.
Groupe Bruxelles Lambert Price Performance
Groupe Bruxelles Lambert stock remained flat at $9.60 during trading on Wednesday. 330 shares of the company were exchanged, compared to its average volume of 2,588. Groupe Bruxelles Lambert has a one year low of $7.90 and a one year high of $44.51. The firm has a 50-day moving average of $9.77 and a 200 day moving average of $9.37.
Wall Street Analyst Weigh In
Separately, Citigroup restated a “neutral” rating on shares of Groupe Bruxelles Lambert in a report on Thursday, May 14th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.
About Groupe Bruxelles Lambert
Groupe Bruxelles Lambert (OTCMKTS:GBLBY) is a Belgian investment holding company headquartered in Brussels. Established in 1972 through the consolidation of two family-controlled investment entities, GBL has evolved into one of Europe’s leading diversified investment groups. The company’s strategy focuses on long-term value creation through active ownership and stewardship, positioning itself as a stable partner to the companies in which it invests.
GBL maintains a broad portfolio spanning multiple sectors, including consumer goods, healthcare, energy, materials and financial services.
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