Coca-Cola HBC (OTCMKTS:CCHGY) Short Interest Update

Coca-Cola HBC (OTCMKTS:CCHGY – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 196 shares, a decrease of 98.4% from the August 15th total of 12,195 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 15,230 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

CCHGY has been the subject of a number of research analyst reports. BNP Paribas Exane cut Coca-Cola HBC to a “neutral” rating in a research note on Monday, August 10th. Citigroup reiterated a “neutral” rating on shares of Coca-Cola HBC in a research note on Friday, July 3rd. Zacks Research upgraded shares of Coca-Cola HBC to a “hold” rating in a research note on Tuesday. Investec downgraded Coca-Cola HBC to a “hold” rating in a research report on Thursday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Coca-Cola HBC in a research note on Thursday, August 6th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Coca-Cola HBC currently has a consensus rating of “Hold”.

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Coca-Cola HBC Trading Up 0.5%

OTCMKTS CCHGY opened at $60.78 on Friday. The stock has a 50-day simple moving average of $64.01 and a two-hundred day simple moving average of $61.04. The company has a current ratio of 1.19, a quick ratio of 0.99 and a debt-to-equity ratio of 0.79. Coca-Cola HBC has a fifty-two week low of $44.37 and a fifty-two week high of $68.71.

Coca-Cola HBC Company Profile

(Get Free Report)

Coca-Cola HBC AG is a consumer packaged goods company and one of The Coca-Cola Company’s strategic bottling partners. Headquartered in Zug, Switzerland, Coca-Cola HBC manufactures, sells and distributes beverages under The Coca-Cola Company’s brands, including Coca-Cola, Coca-Cola Zero Sugar, Fanta and Sprite.

The company also offers a broader portfolio of products, including energy drinks such as Monster, bottled water, juices, ready-to-drink coffee and tea, and alcoholic beverages in selected markets.

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