Short Interest in Coles Group Limited (OTCMKTS:CLEGF) Expands By 40.9%

Coles Group Limited (OTCMKTS:CLEGF) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 375,800 shares, an increase of 40.9% from the May 31st total of 266,800 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 1,252.7 days.

Coles Group Price Performance

Coles Group stock remained flat at $10.38 during trading hours on Friday. Coles Group has a 12-month low of $8.90 and a 12-month high of $10.38. The business has a fifty day moving average price of $7.87 and a 200 day moving average price of $8.22.

About Coles Group

Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets and Liquor segments. The company operates various supermarkets; and coles.com.au, which offers a choice of home delivery, including same-day, overnight drop and go services, and pick up from click and collect locations.