Coats Group plc (OTCMKTS:CGGGF) Short Interest Down 99.8% in December

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

Coats Group Stock Performance

OTCMKTS:CGGGF opened at $1.17 on Monday. Coats Group has a twelve month low of $0.83 and a twelve month high of $1.35. The firm’s fifty day simple moving average is $1.20 and its 200 day simple moving average is $1.21.

About Coats Group

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.