Tesco PLC (OTCMKTS:TSCDY) Short Interest Up 701.8% in July

Tesco PLC (OTCMKTS:TSCDY) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 2,048,600 shares, an increase of 701.8% from the June 30th total of 255,500 shares. Based on an average trading volume of 1,536,600 shares, the short-interest ratio is currently 1.3 days.

Tesco Trading Down 0.9 %

TSCDY opened at $12.69 on Friday. Tesco has a 1-year low of $9.33 and a 1-year high of $12.91. The stock’s fifty day simple moving average is $12.06 and its 200 day simple moving average is $11.44. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 0.81.

Tesco Company Profile

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.