Ocado Group plc (OTCMKTS:OCDGF) Short Interest Down 35.0% in March

Ocado Group plc (OTCMKTS:OCDGF) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,757,100 shares, a drop of 35.0% from the March 15th total of 4,243,000 shares. Based on an average daily trading volume, of 21,900 shares, the days-to-cover ratio is currently 125.9 days.

Ocado Group Stock Performance

Shares of OCDGF stock traded up $0.10 on Friday, reaching $3.94. 1,201 shares of the company’s stock traded hands, compared to its average volume of 11,060. Ocado Group has a 12-month low of $2.83 and a 12-month high of $5.70. The business’s 50 day moving average price is $3.47 and its two-hundred day moving average price is $3.89.

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.