Coats Group plc (OTCMKTS:CGGGF) Short Interest Update

Coats Group plc (OTCMKTS:CGGGF) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 10,000 shares, an increase of 38.9% from the February 13th total of 7,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Coats Group Stock Performance

OTCMKTS CGGGF opened at $1.13 on Tuesday. The company’s 50 day simple moving average is $1.13 and its two-hundred day simple moving average is $1.20. Coats Group has a 1 year low of $0.83 and a 1 year 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.