C&C Group plc (OTCMKTS:CGPZF) Short Interest Update

C&C Group plc (OTCMKTS:CGPZF) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 52,917 shares, a drop of 50.5% from the December 31st total of 106,821 shares. Based on an average daily trading volume, of 4,835 shares, the days-to-cover ratio is currently 10.9 days. Based on an average daily trading volume, of 4,835 shares, the days-to-cover ratio is currently 10.9 days.

C&C Group Trading Up 2.7%

Shares of CGPZF stock opened at $1.54 on Friday. C&C Group has a fifty-two week low of $1.48 and a fifty-two week high of $2.40. The business’s 50 day moving average price is $1.73 and its 200-day moving average price is $2.00.

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.