Clicks Group Limited (OTCMKTS:CLCGY) Short Interest Down 86.6% in July

Clicks Group Limited (OTCMKTS:CLCGY) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 7,269 shares, a decrease of 86.6% from the July 15th total of 54,131 shares. Based on an average daily volume of 71,985 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Zacks Research downgraded Clicks Group from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Clicks Group Price Performance

Shares of OTCMKTS CLCGY opened at $26.68 on Wednesday. Clicks Group has a 52-week low of $25.26 and a 52-week high of $44.41. The business’s 50 day moving average is $27.69 and its two-hundred day moving average is $32.91.

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.