Coats Group plc (OTCMKTS:CGGGF) Short Interest Update

Coats Group plc (OTCMKTS:CGGGF) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 54,200 shares, a decline of 8.0% from the September 30th total of 58,900 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 67.8 days.

Coats Group Stock Performance

Shares of CGGGF opened at $1.20 on Thursday. The company has a 50-day simple moving average of $1.27 and a two-hundred day simple moving average of $1.16. Coats Group has a one year low of $0.83 and a one 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.