Short Interest in Coats Group plc (OTCMKTS:CGGGF) Decreases By 99.8%

Coats Group plc (OTCMKTS:CGGGF) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 100 shares, a decline of 99.8% from the December 15th total of 54,200 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is currently 0.0 days.

Coats Group Stock Down 3.4 %

Shares of CGGGF stock traded down $0.04 on Wednesday, reaching $1.13. The company had a trading volume of 73,400 shares, compared to its average volume of 38,300. The business’s 50-day moving average is $1.20 and its 200 day moving average is $1.21. Coats Group has a one year low of $0.83 and a one year high of $1.35.

Coats Group Company Profile

Coats Group plc, together with its subsidiaries, manufactures and supplies industrial sewing threads worldwide. The company provides threads, yarns, zips, trims, composites, and fabrics for use in apparel, such as children's wear, denims, intimate and underwear, ladieswear, leather wear, menswear, sports and activewear, and workwear & uniforms; handbags, luggage, bags, and fashion accessories; dress and casual, protective, and sports footwear; home textiles, mattress and beddings, outdoor goods, and sporting goods; cut protection, fire services, healthcare PPE, industrial thermal, and military purposes; automotive, marine, and tyre cord applications; telecoms and energy cables; and tea bags, and medical and filtration purpose.