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

Greencore Group (OTCMKTS:GNCGY) 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 OTCMKTS GNCGY remained flat at $12.90 during mid-day trading on Wednesday. The company has a quick ratio of 0.64, a current ratio of 0.74 and a debt-to-equity ratio of 0.54. The stock has a 50-day simple moving average of $13.52 and a 200 day simple moving average of $12.50. Greencore Group has a fifty-two week low of $10.30 and a fifty-two week high of $14.73.

Greencore Group Company Profile

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.