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

C&C Group plc (OTCMKTS:CGPZF) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 8,800 shares, a decline of 17.0% from the February 13th total of 10,600 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 12.6 days.

C&C Group Price Performance

CGPZF stock opened at $1.58 on Thursday. C&C Group has a 12 month low of $1.58 and a 12 month high of $2.18. The firm has a 50 day moving average of $1.78 and a two-hundred day moving average of $1.92.

About C&C Group

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.