Compania Cervecerias Unidas Short Interest Down 65.6% in April (CCU)
Compania Cervecerias Unidas (NYSE:CCU) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totalling 390,876 shares, a decrease of 65.6% from the April 15th total of 1,136,304 shares, AR Network reports. Based on an average trading volume of 260,946 shares, the short-interest ratio is currently 1.5 days. Approximately 0.0% of the company’s shares are short sold.
CCU has been the subject of a number of recent research reports. Analysts at TheStreet upgraded shares of Compania Cervecerias Unidas from a “hold” rating to a “buy” rating in a research note on Tuesday, May 6th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $20.50.
Compania Cervecerias Unidas (NYSE:CCU) opened at 23.52 on Tuesday. Compania Cervecerias Unidas has a 1-year low of $20.46 and a 1-year high of $30.25. The stock’s 50-day moving average is $22.84 and its 200-day moving average is $22.88. The company has a market cap of $4.345 billion and a price-to-earnings ratio of 18.92.
Compania Cervecerias Unidas SA (NYSE:CCU) is a diversified beverage holding company that, through its subsidiaries and affiliates, has operations established in Chile, Argentina, the Cayman Islands and Liechtenstein.
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