Glanbia Plc ADR (OTCMKTS:GLAPY) Short Interest Update

Glanbia Plc ADR (OTCMKTS:GLAPY) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 106 shares, a drop of 57.8% from the April 30th total of 251 shares. Based on an average trading volume of 1 shares, the short-interest ratio is currently 106.0 days. Approximately 0.0% of the shares of the stock are sold short.

Glanbia Trading Up 8.9%

Shares of GLAPY traded up $10.48 on Monday, hitting $128.70. 1,525 shares of the stock traded hands, compared to its average volume of 576. Glanbia has a 1 year low of $71.00 and a 1 year high of $128.70. The stock’s 50 day moving average is $103.18 and its two-hundred day moving average is $95.39. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.81 and a current ratio of 1.36.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Zacks Research raised shares of Glanbia to a “hold” rating in a report on Tuesday, March 3rd. Kepler Capital Markets downgraded Glanbia from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Glanbia Company Profile

Glanbia plc is a global nutrition company headquartered in Kilkenny, Ireland. The company operates through two principal divisions: Performance Nutrition and Glanbia Nutritionals. Performance Nutrition develops and markets sports and lifestyle nutrition products, including powders, bars and ready-to-drink beverages for athletes and fitness enthusiasts. Glanbia Nutritionals supplies dairy-based ingredients, specialty cheeses, whey proteins, nutrient premixes and functional food solutions to food, beverage and supplement manufacturers worldwide.

Glanbia was formed in 1997 through the merger of Avonmore Food plc and Waterford Foods plc.