C&C Group plc (OTCMKTS:CGPZF) Short Interest Up 85.5% in March

C&C Group plc (OTCMKTS:CGPZF) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 97,299 shares, an increase of 85.5% from the February 26th total of 52,444 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

C&C Group Price Performance

Shares of CGPZF stock remained flat at $1.60 during midday trading on Thursday. The stock’s fifty day moving average price is $1.61 and its 200 day moving average price is $1.79. C&C Group has a 12 month low of $1.48 and a 12 month high of $2.40.

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.