Short Interest in Clicks Group Limited (OTCMKTS:CLCGY) Declines By 43.7%

Clicks Group Limited (OTCMKTS:CLCGY) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 13,022 shares, a decline of 43.7% from the August 15th total of 23,149 shares. Based on an average trading volume of 72,403 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Clicks Group Stock Down 0.7%

Shares of CLCGY opened at $23.08 on Tuesday. The stock’s fifty day simple moving average is $26.13 and its 200-day simple moving average is $30.30. Clicks Group has a 12-month low of $22.86 and a 12-month high of $44.26.

Analyst Upgrades and Downgrades

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

Clicks Group Company Profile

Clicks Group Limited is a South African retail and healthcare group focused on pharmacy, health, beauty and wellness products. Its retail operations are anchored by the Clicks chain, which sells prescription and over-the-counter medicines, personal-care products, cosmetics, toiletries, baby-care products, vitamins and general healthcare merchandise.

The group also operates through United Pharmaceutical Distributors (UPD), a pharmaceutical wholesaler and distributor that supplies medicines and related products to pharmacies, hospitals, doctors and other healthcare providers.