Tesco PLC (OTCMKTS:TSCDY – Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 656,900 shares, a drop of 67.9% from the July 15th total of 2,048,600 shares. Based on an average daily trading volume, of 240,600 shares, the days-to-cover ratio is currently 2.7 days.
Tesco Trading Up 1.4 %
Tesco stock traded up $0.19 on Wednesday, hitting $13.38. 70,353 shares of the stock traded hands, compared to its average volume of 380,757. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.68 and a current ratio of 0.81. The business’s fifty day simple moving average is $12.26 and its 200 day simple moving average is $11.58. Tesco has a 1 year low of $9.33 and a 1 year high of $13.38.
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