Greencore Group (OTCMKTS:GNCGY) Sees Large Growth in Short Interest

Greencore Group (OTCMKTS:GNCGY – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 5,313 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,011 shares, the short-interest ratio is currently 1.8 days.

Greencore Group Price Performance

Greencore Group stock opened at $16.68 on Monday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.64 and a current ratio of 0.74. The firm’s 50-day simple moving average is $14.31 and its 200 day simple moving average is $12.94. Greencore Group has a fifty-two week low of $10.30 and a fifty-two week high of $16.68.

About Greencore Group

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Greencore Group plc is a food manufacturer and supplier focused primarily on the convenience food market in the United Kingdom. The company develops, manufactures and distributes chilled, frozen and ambient food products for grocery retailers, foodservice operators and other customers.

Its product portfolio includes ready meals, chilled soups and sauces, quiche, sandwiches, salads, sushi and other food-to-go products. Greencore operates manufacturing facilities and food development capabilities in the UK, supplying products through retail and foodservice channels.

The company has roots in Ireland’s former state-owned sugar business and evolved into a diversified convenience food producer.

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