C&C Group plc (OTCMKTS:CGPZF) Sees Large Drop in Short Interest

C&C Group plc (OTCMKTS:CGPZF) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 6,300 shares, a drop of 28.4% from the February 28th total of 8,800 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 2.3 days.

C&C Group Stock Up 6.2 %

OTCMKTS CGPZF traded up $0.10 during trading hours on Friday, reaching $1.68. The company’s stock had a trading volume of 956 shares, compared to its average volume of 6,028. C&C Group has a 1 year low of $1.58 and a 1 year high of $2.18. The firm’s 50-day moving average price is $1.75 and its 200-day moving average price is $1.91.

C&C Group Company Profile

C&C Group plc manufactures, markets, and distributes beer, cider, wine, spirits, and soft drinks in the Republic of Ireland, Great Britain, and internationally. The company offers its products primarily under the Tennent's, Bulmers, Magners, Orchard Pig, Heverlee, 5 Lamps, Fête, Blackthorn, Seven Summits, Dowd's Lane, Chaplin & Cork's, Celedonia Best, and Addlestones brand name.