Could CREDIT SUISSE GROUP ORDINARY SHARES (OTCMKTS:CSGKF) Change Direction After More Shorts?

October 2, 2018 - By Vivian Park

Credit Suisse Group AG (OTCMKTS:CSGKF) Logo

The stock of CREDIT SUISSE GROUP ORDINARY SHARES (OTCMKTS:CSGKF) registered an increase of 2.25% in short interest. CSGKF’s total short interest was 15.76M shares in October as published by FINRA. Its up 2.25% from 15.41 million shares, reported previously. With 75,300 shares average volume, it will take short sellers 209 days to cover their CSGKF’s short positions.

The stock decreased 0.33% or $0.05 during the last trading session, reaching $14.9. About shares traded. Credit Suisse Group AG (OTCMKTS:CSGKF) has 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Credit Suisse Group AG, together with its subsidiaries, provides various financial services worldwide. The company has market cap of $38.14 billion. It operates through six divisions: Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, and Strategic Resolution Unit. It currently has negative earnings. The firm offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions.

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