Short Interest in Coats Group plc (OTCMKTS:CGGGF) Drops By 99.8%

Coats Group plc (OTCMKTS:CGGGF) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 100 shares, a decline of 99.8% from the December 15th total of 54,200 shares. Based on an average daily trading volume, of 8,100 shares, the days-to-cover ratio is currently 0.0 days.

Coats Group Price Performance

Shares of OTCMKTS CGGGF opened at $1.17 on Monday. Coats Group has a twelve month low of $0.83 and a twelve month high of $1.35. The firm has a 50-day moving average of $1.20 and a two-hundred day moving average of $1.21.

About Coats Group

Coats Group plc, together with its subsidiaries, manufactures and supplies industrial sewing threads worldwide. The company provides threads, yarns, zips, trims, composites, and fabrics for use in apparel, such as children's wear, denims, intimate and underwear, ladieswear, leather wear, menswear, sports and activewear, and workwear & uniforms; handbags, luggage, bags, and fashion accessories; dress and casual, protective, and sports footwear; home textiles, mattress and beddings, outdoor goods, and sporting goods; cut protection, fire services, healthcare PPE, industrial thermal, and military purposes; automotive, marine, and tyre cord applications; telecoms and energy cables; and tea bags, and medical and filtration purpose.