Short Interest in Coats Group plc (OTCMKTS:CGGGF) Decreases By 6.6%

Coats Group plc (OTCMKTS:CGGGF) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 54,200 shares, a drop of 6.6% from the August 31st total of 58,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Coats Group Price Performance

Shares of Coats Group stock opened at $1.33 on Wednesday. Coats Group has a 1 year low of $0.83 and a 1 year high of $1.35. The firm has a fifty day moving average price of $1.24 and a 200 day moving average price of $1.10.

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.