After Reaching Milestone, Is GLOBAL BRANDS GROUP HOLDING LTD. ORDINAR (OTCMKTS:GLBRF)’s Short Interest Revealing Something?

April 17, 2018 - By Michael Collier

Global Brands Group Holding Limited (OTCMKTS:GLBRF) Logo

The stock of GLOBAL BRANDS GROUP HOLDING LTD. ORDINAR (OTCMKTS:GLBRF) registered an increase of 35.72% in short interest. GLBRF’s total short interest was 20.07 million shares in April as published by FINRA. Its up 35.72% from 14.79 million shares, reported previously. With 161,600 shares average volume, it will take short sellers 124 days to cover their GLBRF’s short positions. The short interest to GLOBAL BRANDS GROUP HOLDING LTD. ORDINAR’s float is 0.38%.

It closed at $0.06 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Global Brands Group Holding Limited, an investment holding company, designs, develops, markets, and sells branded apparel, footwear, fashion accessories, and related lifestyle products for retailers in North America, Europe, the Middle East, and Asia. The company has market cap of $430.61 million. It operates through four divisions: Kids; MenÂ’s and WomenÂ’s Fashion; Footwear and Accessories; and Brand Management. It has a 4.29 P/E ratio. The firm offers apparel for women, men, children, and kids.

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