Clicks Group Limited (OTCMKTS:CLCGY) Sees Significant Increase in Short Interest

Clicks Group Limited (OTCMKTS:CLCGY) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 23,149 shares, a growth of 218.5% from the July 30th total of 7,269 shares. Based on an average daily volume of 37,353 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Clicks Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Clicks Group presently has an average rating of “Hold”.

Clicks Group Trading Up 0.5%

Clicks Group stock opened at $25.29 on Friday. The stock has a 50-day moving average price of $27.00 and a two-hundred day moving average price of $31.66. Clicks Group has a 12 month low of $25.07 and a 12 month high of $44.26.

Clicks Group Company Profile

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.