Coca-Cola HBC AG (OTCMKTS:CCHGY) Sees Large Increase in Short Interest

Coca-Cola HBC AG (OTCMKTS:CCHGY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,600 shares, an increase of 700.0% from the March 31st total of 200 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is presently 0.8 days.

Coca-Cola HBC Stock Down 0.4 %

OTCMKTS:CCHGY traded down $0.11 during trading hours on Thursday, reaching $31.44. The company’s stock had a trading volume of 213 shares, compared to its average volume of 3,153. The firm has a 50-day simple moving average of $31.10 and a 200-day simple moving average of $29.09. Coca-Cola HBC has a 1 year low of $25.04 and a 1 year high of $32.78. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.02 and a quick ratio of 0.82.

About Coca-Cola HBC

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.