Short Interest in Ocado Group plc (OTCMKTS:OCDGF) Declines By 33.3%

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

Ocado Group Stock Up 0.7 %

Shares of Ocado Group stock traded up $0.03 during trading hours on Friday, reaching $3.83. 470 shares of the company were exchanged, compared to its average volume of 12,487. Ocado Group has a 1 year low of $2.83 and a 1 year high of $5.79. The stock’s fifty day moving average is $3.55 and its 200 day moving average is $3.99.

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.