Shoprite Holdings Ltd (OTCMKTS:SRGHY) Short Interest Up 62.9% in December

Shoprite Holdings Ltd (OTCMKTS:SRGHY) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 5,700 shares, a growth of 62.9% from the December 15th total of 3,500 shares. Based on an average trading volume of 12,600 shares, the short-interest ratio is currently 0.5 days.

Shoprite Trading Up 0.4 %

Shares of OTCMKTS:SRGHY traded up $0.06 during trading on Friday, reaching $15.62. The company had a trading volume of 6,140 shares, compared to its average volume of 4,894. The stock’s fifty day moving average price is $16.40 and its 200 day moving average price is $16.55. Shoprite has a fifty-two week low of $11.98 and a fifty-two week high of $18.18.

Shoprite Company Profile

Shoprite Holdings Ltd, an investment holding company, primarily engages in the food retailing business in South Africa and internationally. The company operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It also offers clothing, general merchandise, cosmetics, and liquor products; furniture and home entertainment products; and electrical and household appliances.