Short Interest in Coles Group Limited (OTCMKTS:CLEGF) Grows By 83.5%

Coles Group Limited (OTCMKTS:CLEGF) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,610,700 shares, an increase of 83.5% from the October 15th total of 877,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 8,053.5 days.

Coles Group Price Performance

Shares of Coles Group stock remained flat at $11.55 during trading hours on Friday. Coles Group has a 12-month low of $8.90 and a 12-month high of $11.70. The stock’s 50-day moving average price is $11.64 and its 200-day moving average price is $10.24.

About Coles Group

Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets and Liquor segments. The company operates various supermarkets; and coles.com.au, which offers a choice of home delivery, including same-day, overnight drop and go services, and pick up from click and collect locations.