Ocado Group plc (OTCMKTS:OCDGF) Short Interest Up 21.3% in June

Ocado Group plc (OTCMKTS:OCDGF) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 5,968,100 shares, a growth of 21.3% from the June 15th total of 4,921,200 shares. Based on an average trading volume of 3,700 shares, the short-interest ratio is currently 1,613.0 days.

Ocado Group Stock Performance

OTCMKTS:OCDGF traded down $0.31 during trading hours on Monday, reaching $4.44. 347 shares of the company were exchanged, compared to its average volume of 2,614. The stock’s 50-day moving average is $4.35 and its 200-day moving average is $5.62. Ocado Group has a twelve month low of $3.52 and a twelve month high of $12.99.

Ocado Group Company Profile

Ocado Group plc, together with its subsidiaries, operates as an online grocery retailer in the United Kingdom and internationally. The company operates in three segments: Technology Solutions, Ocado Logistics, and Ocado Retail. It offers online grocery and general merchandise; and customer fulfillment centers and logistics services.