C&C Group plc (OTCMKTS:CGPZF) Sees Significant Growth in Short Interest

C&C Group plc (OTCMKTS:CGPZF) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 97,299 shares, a growth of 85.5% from the February 26th total of 52,444 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

C&C Group Price Performance

Shares of CGPZF remained flat at $1.60 during mid-day trading on Thursday. The stock has a 50-day simple moving average of $1.61 and a two-hundred day simple moving average of $1.79. C&C Group has a one year low of $1.48 and a one year high of $2.40.

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.