Colt CZ Group SE (OTCMKTS:CZGZF) Sees Large Drop in Short Interest

Colt CZ Group SE (OTCMKTS:CZGZF) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 9,124 shares, a decline of 69.7% from the June 30th total of 30,085 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 45.6 days.

Colt CZ Group Price Performance

OTCMKTS CZGZF opened at C$45.55 on Friday. The stock’s fifty day moving average price is C$48.42 and its 200 day moving average price is C$45.02. Colt CZ Group has a 1 year low of C$32.68 and a 1 year high of C$53.46.

Colt CZ Group Company Profile

Colt CZ Group SE, together with its subsidiaries, engages in the production, purchase, and sale of firearms, ammunition products, and tactical accessories in the Czech Republic, Canada the United States, rest of Europe, Africa, Asia, and internationally. Its firearms include pistols, revolvers, rifles, submachine guns, grenade launchers, sniper rifles, and centrefire rifles; and components for firearms comprising sights, triggers, stocks, grips, and spare parts. The company offers tactical and ballistic equipment, such as ballistic vests, helmets and other protection products, combat uniforms, and backpacks, as well as firearms accessories consisting of handgun holsters, and magazine pouches.