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

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

Coats Group Stock Performance

Shares of CGGGF remained flat at $1.17 during mid-day trading on Tuesday. Coats Group has a one year low of $0.83 and a one year high of $1.35. The business has a 50-day moving average price of $1.20 and a two-hundred day moving average price of $1.21.

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.