Woolworths Group Limited (OTCMKTS:WOLWF) Sees Significant Growth in Short Interest

Woolworths Group Limited (OTCMKTS:WOLWF) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 1,649,400 shares, a growth of 140.7% from the September 15th total of 685,300 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 717.1 days.

Woolworths Group Price Performance

WOLWF stock opened at $21.85 on Friday. The firm has a 50-day simple moving average of $22.47 and a 200-day simple moving average of $21.79. Woolworths Group has a 52 week low of $19.62 and a 52 week high of $25.26.

Woolworths Group Company Profile

Woolworths Group Limited operates retail stores in Australia and New Zealand. It operates through Australian Food, Australian B2B, New Zealand Food, BIG W, and Other segments. The Australian Food segment procures and resells food and related products, and provides services to customers in Australia. The Australian B2B segment engages in procurement and distribution of food and related products for resale to other businesses, as well as provision of supply chain services to business customers in Australia.