Ocado Group plc (OTCMKTS:OCDDY) Short Interest Up 50.3% in May

Ocado Group plc (OTCMKTS:OCDDY) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 112,700 shares, an increase of 50.3% from the May 15th total of 75,000 shares. Based on an average daily volume of 119,100 shares, the short-interest ratio is currently 0.9 days.

Ocado Group Trading Up 1.5 %

Shares of OCDDY traded up $0.13 during mid-day trading on Friday, reaching $9.06. 40,903 shares of the company’s stock were exchanged, compared to its average volume of 45,515. The company has a 50-day simple moving average of $9.09 and a two-hundred day simple moving average of $12.69. Ocado Group has a 52-week low of $8.39 and a 52-week high of $25.45.

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.