Ocado Group plc (OTCMKTS:OCDGF) Sees Significant Decline in Short Interest

Ocado Group plc (OTCMKTS:OCDGF) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 4,243,000 shares, a decrease of 33.3% from the February 28th total of 6,365,400 shares. Based on an average trading volume of 11,900 shares, the days-to-cover ratio is presently 356.6 days.

Ocado Group Trading Up 0.7 %

Shares of Ocado Group stock traded up $0.03 on Monday, reaching $3.83. 470 shares of the stock were exchanged, compared to its average volume of 12,487. Ocado Group has a twelve month low of $2.83 and a twelve month high of $5.79. The business has a 50 day moving average price of $3.55 and a two-hundred day moving average price of $3.99.

About Ocado Group

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.