CAR Group Limited (OTCMKTS:CSXXY) Short Interest Update

CAR Group Limited (OTCMKTS:CSXXY) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 235 shares, a decrease of 62.6% from the July 15th total of 629 shares. Based on an average daily volume of 840 shares, the days-to-cover ratio is currently 0.3 days.

CAR Group Price Performance

CSXXY stock remained flat at $40.13 during mid-day trading on Friday. The company’s stock had a trading volume of 205 shares, compared to its average volume of 650. The company has a fifty day moving average of $36.40 and a two-hundred day moving average of $35.96. CAR Group has a 52 week low of $28.03 and a 52 week high of $57.95.

About CAR Group

CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia Online Advertising Services; Australia Data, Research and Services; Investments; North America; Latin America; and Asia segments. The Australia Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements for corporate customers comprising automotive manufacturers and finance companies.