Short Interest in Clicks Group Limited (OTCMKTS:CLCGY) Declines By 41.6%

Clicks Group Limited (OTCMKTS:CLCGY) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 11,768 shares, a drop of 41.6% from the May 31st total of 20,153 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 59,620 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Zacks Research raised Clicks Group to a “hold” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Clicks Group presently has an average rating of “Hold”.

Clicks Group Stock Up 0.5%

OTCMKTS CLCGY traded up $0.14 during trading hours on Thursday, hitting $28.59. The company’s stock had a trading volume of 17,270 shares, compared to its average volume of 14,078. Clicks Group has a twelve month low of $26.76 and a twelve month high of $44.41. The firm has a market capitalization of $3.37 billion and a P/E ratio of 4.65. The stock has a fifty day moving average of $30.01 and a 200 day moving average of $35.69.

About Clicks Group

Clicks Group is a South African-based healthcare, beauty and wellness retailer operating primarily under the Clicks banner. The company’s core business comprises a network of pharmacies, health and beauty stores, and distribution services. Through its retail outlets, Clicks Group offers a range of products that includes prescription and over-the-counter medicines, personal care items, cosmetics, baby and household products, and nutritional supplements.

In addition to its branded pharmacies and retail stores, Clicks Group owns and operates a wholesale and distribution business that supplies products to its own stores and to third-party retailers across the region.