Short Interest in Coca-Cola HBC AG (OTCMKTS:CCHGY) Declines By 31.3%

Coca-Cola HBC AG (OTCMKTS:CCHGY) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totalling 1,100 shares, a drop of 31.3% from the August 15th total of 1,600 shares. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is currently 0.3 days.

Coca-Cola HBC Stock Down 0.9 %

OTCMKTS CCHGY traded down $0.32 on Friday, reaching $36.67. 1,207 shares of the stock traded hands, compared to its average volume of 4,247. The firm’s fifty day simple moving average is $35.84 and its 200 day simple moving average is $33.83. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.82 and a current ratio of 1.02. Coca-Cola HBC has a 12 month low of $25.04 and a 12 month high of $37.58.

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.