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

Ocado Group plc (OTCMKTS:OCDGF) was the recipient of a large decrease in short interest during 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 daily volume of 11,900 shares, the days-to-cover ratio is presently 356.6 days.

Ocado Group Trading Up 0.7 %

OCDGF stock traded up $0.03 during midday trading on Friday, reaching $3.83. The stock had a trading volume of 470 shares, compared to its average volume of 12,487. Ocado Group has a 52-week low of $2.83 and a 52-week high of $5.79. The company’s fifty day simple moving average is $3.55 and its 200 day simple 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.