C&C Group plc (OTCMKTS:CGPZF) Short Interest Up 74.5% in December

C&C Group plc (OTCMKTS:CGPZF) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 106,821 shares, a growth of 74.5% from the November 30th total of 61,212 shares. Based on an average daily volume of 3,972 shares, the days-to-cover ratio is currently 26.9 days. Based on an average daily volume of 3,972 shares, the days-to-cover ratio is currently 26.9 days.

C&C Group Price Performance

Shares of OTCMKTS CGPZF opened at $1.77 on Friday. C&C Group has a twelve month low of $1.58 and a twelve month high of $2.40. The business has a fifty day simple moving average of $1.78 and a two-hundred day simple moving average of $2.07.

Analyst Ratings Changes

Separately, Royal Bank Of Canada assumed coverage on shares of C&C Group in a research note on Wednesday, September 24th. They issued a “sector perform” rating on the stock. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

C&C Group Company Profile

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.