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

C&C Group plc (OTCMKTS:CGPZF) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 52,917 shares, a decline of 50.5% from the December 31st total of 106,821 shares. Based on an average trading volume of 4,835 shares, the days-to-cover ratio is currently 10.9 days. Based on an average trading volume of 4,835 shares, the days-to-cover ratio is currently 10.9 days.

C&C Group Stock Performance

Shares of C&C Group stock opened at $1.50 on Thursday. C&C Group has a twelve month low of $1.48 and a twelve month high of $2.40. The company’s 50 day moving average is $1.73 and its 200 day moving average is $2.00.

About C&C Group

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.