Ocado Group plc (OTCMKTS:OCDGF) Short Interest Down 24.6% in July

Ocado Group plc (OTCMKTS:OCDGF) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 4,128,400 shares, a decrease of 24.6% from the July 15th total of 5,472,900 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 3,175.7 days.

Ocado Group Stock Performance

Shares of OCDGF stock remained flat at $4.76 during trading hours on Wednesday. 757 shares of the company’s stock traded hands, compared to its average volume of 2,372. Ocado Group has a 52-week low of $3.52 and a 52-week high of $10.97. The stock has a 50-day simple moving average of $4.53 and a 200 day simple moving average of $5.12.

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.