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

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

C&C Group Stock Up 6.2 %

CGPZF traded up $0.10 during mid-day trading on Monday, reaching $1.68. The stock had a trading volume of 956 shares, compared to its average volume of 6,028. C&C Group has a 52 week low of $1.58 and a 52 week high of $2.18. The firm’s fifty day simple moving average is $1.75 and its two-hundred day simple moving average 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.