Short Interest on Coca Cola Enterprises Rises Ahead of Earnings

Coca-Cola Enterprises (CCE) is expected to announce earnings this week. The short interest has increased 12% over the past week and now stands at 1.9%. Active utilisation has also increased and now stands at 6.6%.

Coca-Cola and PepsiCo (PEP) both announced disappointing sales last week. Both companies cautioned against an early revival in consumer spending; Coca-Cola will give more details on its conference call this week.

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