Coats Group plc (OTCMKTS:CGGGF) Short Interest Update

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

Coats Group Price Performance

CGGGF opened at $1.13 on Thursday. The business has a fifty day simple moving average of $1.18 and a 200-day simple moving average of $1.21. Coats Group has a fifty-two week low of $0.83 and a fifty-two week 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.