Greencore Group (OTCMKTS:GNCGY) Sees Significant Growth in Short Interest

Greencore Group (OTCMKTS:GNCGY – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 97 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 80 shares, the days-to-cover ratio is presently 1.2 days.

Greencore Group Price Performance

Shares of GNCGY stock remained flat at $12.90 during trading hours on Tuesday. The company’s 50-day moving average price is $13.47 and its two-hundred day moving average price is $12.51. Greencore Group has a 12 month low of $10.30 and a 12 month high of $14.73. The company has a quick ratio of 0.64, a current ratio of 0.74 and a debt-to-equity ratio of 0.54.

About Greencore Group

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Greencore Group plc is an Ireland-founded food manufacturer focused on producing convenience foods for retailers, food-to-go operators and foodservice customers. The company’s operations are primarily centered in the United Kingdom, where it supplies products under customer-owned and other branded labels.

Its product range includes prepared sandwiches, salads, sushi, ready meals, soups, sauces, quiches, desserts and other chilled or frozen convenience foods. Greencore also provides food development, manufacturing and supply-chain services, working with customers to create products for retail and foodservice channels.

Greencore traces its origins to the former Irish Sugar business and was established as Greencore Group in the early 1990s.

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