Short Interest in C&C Group plc (OTCMKTS:CGPZF) Declines By 11.1%

C&C Group plc (OTCMKTS:CGPZF) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 6,400 shares, a drop of 11.1% from the November 30th total of 7,200 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 2.8 days.

C&C Group Price Performance

Shares of OTCMKTS CGPZF remained flat at $1.86 during midday trading on Monday. The company’s 50-day moving average price is $1.96 and its 200-day moving average price is $2.03. C&C Group has a 1 year low of $1.79 and a 1 year high of $2.18.

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.