C&C Group plc (OTCMKTS:CGPZF) Short Interest Update

C&C Group plc (OTCMKTS:CGPZF) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 106,821 shares, a growth of 74.5% from the November 30th total of 61,212 shares. Based on an average daily volume of 3,972 shares, the short-interest ratio is presently 26.9 days. Based on an average daily volume of 3,972 shares, the short-interest ratio is presently 26.9 days.

C&C Group Price Performance

CGPZF stock opened at $1.77 on Monday. C&C Group has a one year low of $1.58 and a one year high of $2.40. The firm has a 50-day moving average of $1.78 and a two-hundred day moving average of $2.07.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada assumed coverage on shares of C&C Group in a research note on Wednesday, September 24th. They set a “sector perform” rating on the stock. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

C&C Group Company Profile

C&C Group plc is an Ireland?based beverages company specializing in the production, marketing and distribution of cider, beer and other alcoholic beverages. The group’s core portfolio features internationally recognized cider brands such as Bulmers and Magners, alongside licensed beer offerings including Tennent’s Lager. In addition to its owned brands, C&C Group provides contract manufacturing and co-packing services for third-party beverage producers, supporting a broad range of alcoholic and soft drink labels.

With headquarters in Dublin, C&C Group operates manufacturing sites in Clonmel and Galway, Ireland, and maintains distribution facilities across key markets in the United Kingdom, the United States and Australia.