Coca-Cola HBC AG (OTCMKTS:CCHGY) Short Interest Down 63.6% in August

Coca-Cola HBC AG (OTCMKTS:CCHGY) was the target of a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 1,600 shares, a drop of 63.6% from the July 31st total of 4,400 shares. Based on an average daily trading volume, of 11,600 shares, the days-to-cover ratio is presently 0.1 days.

Coca-Cola HBC Trading Up 4.0 %

Coca-Cola HBC stock opened at $36.25 on Wednesday. The firm has a fifty day moving average price of $35.09 and a two-hundred day moving average price of $33.28. Coca-Cola HBC has a fifty-two week low of $25.04 and a fifty-two week high of $36.73. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.02 and a quick ratio of 0.82.

About Coca-Cola HBC

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.