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

C&C Group plc (OTCMKTS:CGPZF) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 6,400 shares, a decrease of 11.1% from the November 30th total of 7,200 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 2.8 days.

C&C Group Stock Performance

Shares of CGPZF remained flat at $1.86 during mid-day trading on Tuesday. The firm’s 50-day moving average price is $1.95 and its 200-day moving average price is $2.03. C&C Group has a one year low of $1.79 and a one year high of $2.18.

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.