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

Greencore Group (OTCMKTS:GNCGY – Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 5,313 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,011 shares, the days-to-cover ratio is presently 1.8 days.

Greencore Group Stock Up 4.4%

Shares of GNCGY stock traded up $0.70 during trading hours on Friday, hitting $16.68. 1,205 shares of the company were exchanged, compared to its average volume of 3,814. Greencore Group has a 52 week low of $10.30 and a 52 week high of $16.68. 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 business has a 50 day moving average of $14.31 and a two-hundred day moving average of $12.94.

About Greencore Group

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Greencore Group plc is a food manufacturer and supplier focused primarily on the convenience food market in the United Kingdom. The company develops, manufactures and distributes chilled, frozen and ambient food products for grocery retailers, foodservice operators and other customers.

Its product portfolio includes ready meals, chilled soups and sauces, quiche, sandwiches, salads, sushi and other food-to-go products. Greencore operates manufacturing facilities and food development capabilities in the UK, supplying products through retail and foodservice channels.

The company has roots in Ireland’s former state-owned sugar business and evolved into a diversified convenience food producer.

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