Short Interest in Concorde International Group Ltd. (NASDAQ:CIGL) Expands By 165.2%

Concorde International Group Ltd. (NASDAQ:CIGL - Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 128,600 shares, an increase of 165.2% from the September 15th total of 48,500 shares. Currently, 10.6% of the shares of the company are sold short. Based on an average trading volume of 3,600,000 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 3,600,000 shares, the short-interest ratio is currently 0.0 days. Currently, 10.6% of the shares of the company are sold short.Wall Street Analysts Forecast GrowthSeparately, Weiss Ratings reiterated a "sell (e)" rating on shares of Concorde International Group in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of "Sell".Check Out Our Latest Stock Report on Concorde International GroupConcorde International Group Trading Up 0.8%Concorde International Group stock opened at $2.55 on Friday. Concorde International Group has a 12 month low of $1.40 and a 12 month high of $31.06. The firm has a 50 day moving average price of $2.67. About Concorde International Group (Get Free Report)Concorde International Group Limited is an integrated security services providers that combines physical manpower and innovative technology to deliver effective security solutions. In 2014, we were awarded “The Business Model Innovation Award” by the Singapore Manufacturing Federation. In 2015, we were awarded the “Best Innovative Use of Infocomm Technology Award” by the Singapore Infocomm Technology Federation (“SiTF”).See AlsoFive stocks we like better than Concorde International GroupWhat is Forex and How Does it Work? Johnson & Johnson's M&A Strategy Is the Real Story for InvestorsWhat is a Low P/E Ratio and What Does it Tell Investors?Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?What is the Nikkei 225 index? Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Concorde International Group Right Now?Before you consider Concorde International Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Concorde International Group wasn't on the list.While Concorde International Group currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here