Coca-Cola HBC AG (OTCMKTS:CCHGY) Short Interest Down 36.7% in March

Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 5,700 shares, a decrease of 36.7% from the February 28th total of 9,000 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is currently 1.2 days.

Analyst Ratings Changes

Several research analysts have weighed in on CCHGY shares. Kepler Capital Markets initiated coverage on Coca-Cola HBC in a research note on Thursday, December 5th. They issued a "hold" rating for the company. Sanford C. Bernstein assumed coverage on Coca-Cola HBC in a research note on Tuesday, December 3rd. They set an "outperform" rating for the company. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

Coca-Cola HBC Trading Up 1.1 %

CCHGY stock traded up $0.50 during trading hours on Wednesday, reaching $45.90. 1,163 shares of the stock were exchanged, compared to its average volume of 4,161. The firm's 50-day moving average is $40.99 and its 200-day moving average is $37.23. Coca-Cola HBC has a 12 month low of $29.42 and a 12 month high of $45.97. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 0.91.

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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.