Short Interest in C&C Group plc (OTCMKTS:CGPZF) Grows By 126.2%

C&C Group plc (OTCMKTS:CGPZF) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 252,129 shares, an increase of 126.2% from the June 15th total of 111,449 shares. Based on an average trading volume of 1,902 shares, the days-to-cover ratio is presently 132.6 days.

C&C Group Stock Performance

CGPZF stock opened at $1.34 on Thursday. The business’s fifty day simple moving average is $1.43 and its two-hundred day simple moving average is $1.56. C&C Group has a twelve month low of $1.28 and a twelve month high of $2.40.

About C&C Group

C&C Group plc is an Ireland?based beverages company specializing in the production, marketing and distribution of cider, beer and other alcoholic beverages. The group’s core portfolio features internationally recognized cider brands such as Bulmers and Magners, alongside licensed beer offerings including Tennent’s Lager. In addition to its owned brands, C&C Group provides contract manufacturing and co-packing services for third-party beverage producers, supporting a broad range of alcoholic and soft drink labels.

With headquarters in Dublin, C&C Group operates manufacturing sites in Clonmel and Galway, Ireland, and maintains distribution facilities across key markets in the United Kingdom, the United States and Australia.