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

C&C Group plc (OTCMKTS:CGPZF) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 18,100 shares, an increase of 187.3% from the March 15th total of 6,300 shares. Based on an average daily trading volume, of 11,700 shares, the days-to-cover ratio is currently 1.5 days.

C&C Group Price Performance

OTCMKTS:CGPZF remained flat at $1.61 during midday trading on Tuesday. C&C Group has a fifty-two week low of $1.58 and a fifty-two week high of $2.18. The business’s 50 day moving average price is $1.73 and its 200 day moving average price is $1.87.

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.