What’s Next for BRICK BREWING LTD ORDINARY SHARES (OTCMKTS:BIBLF) After Having More Shares Shorted?

May 17, 2018 - By Hannah Black

Brick Brewing Co. Limited (OTCMKTS:BIBLF) Logo

The stock of BRICK BREWING LTD ORDINARY SHARES (OTCMKTS:BIBLF) registered an increase of 800% in short interest. BIBLF’s total short interest was 9,000 shares in May as published by FINRA. Its up 800% from 1,000 shares, reported previously. With 600 shares average volume, it will take short sellers 15 days to cover their BIBLF’s short positions. The short interest to BRICK BREWING LTD ORDINARY SHARES’s float is 0.04%.

The stock decreased 1.84% or $0.0592 during the last trading session, reaching $3.1581. About 300 shares traded. Brick Brewing Co. Limited (OTCMKTS:BIBLF) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Brick Brewing Co. Limited produces, sells, markets, and distributes packaged and draft premium beer under the Waterloo brand; and value beer under the Laker, Red Baron, Red Cap, and Formosa brands in Canada and the United States. The company has market cap of $107.71 million. The firm also produces, sells, markets, and distributes vodka and malt based coolers, and ciders under the Seagram Coolers brand, as well as produces, sells, markets, and distributes various beer products under co-packaging agreements. It has a 57.42 P/E ratio. In addition, it produces, sells, markets, and distributes products under the LandShark and Margaritaville trademarks in Canada; and produces bottles under the Mott's Caesar brand.

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