Short Interest in Coca-Cola HBC AG (OTCMKTS:CCHGY) Expands By 200.0%

Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 300 shares, an increase of 200.0% from the September 30th total of 100 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is currently 0.3 days.

Coca-Cola HBC Stock Down 0.4 %

Shares of OTCMKTS CCHGY traded down $0.14 during mid-day trading on Friday, reaching $35.86. The company had a trading volume of 419 shares, compared to its average volume of 3,816. Coca-Cola HBC has a one year low of $25.04 and a one year high of $37.58. The business's 50-day simple moving average is $36.23 and its 200 day simple moving average is $34.82.

Analyst Upgrades and Downgrades

CCHGY has been the topic of several recent research reports. Barclays upgraded Coca-Cola HBC to a "strong-buy" rating in a research report on Thursday, October 3rd. Citigroup raised shares of Coca-Cola HBC to a "hold" rating in a report on Thursday, October 3rd. Finally, Evercore ISI raised shares of Coca-Cola HBC to a "hold" rating in a report on Thursday, October 3rd.

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.