Short Interest in C&C Group plc (OTCMKTS:CGPZF) Grows By 191.7%

C&C Group plc (OTCMKTS:CGPZF) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totaling 59,500 shares, agrowthof191.7% from the July 31st total of 20,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of C&C Group in a report on Friday, August 15th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, C&C Group has a consensus rating of “Buy”.

C&C Group Price Performance

Shares of CGPZF opened at $2.40 on Friday. The company’s 50 day simple moving average is $2.33 and its 200 day simple moving average is $1.97. C&C Group has a 1 year low of $1.58 and a 1 year high of $2.40.

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.