OVH Groupe S.A. (OTCMKTS:OVHFF) Short Interest Update

OVH Groupe S.A. (OTCMKTS:OVHFF) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 10,664 shares, a drop of 53.0% from the April 30th total of 22,697 shares. Based on an average daily volume of 1,458 shares, the short-interest ratio is currently 7.3 days.

OVH Groupe Trading Up 10.2%

OTCMKTS:OVHFF traded up $1.50 during mid-day trading on Friday, hitting $16.15. The stock had a trading volume of 3,528 shares, compared to its average volume of 1,806. OVH Groupe has a twelve month low of $8.34 and a twelve month high of $16.80. The company’s 50 day simple moving average is $12.40 and its 200 day simple moving average is $10.62.

About OVH Groupe

OVH Groupe SA provides public and private cloud, shared hosting, and dedicated server products and solutions worldwide. The company operates through three segments: Private Cloud, Public Cloud, and Web Cloud & Other. It offers Bare Metal Cloud that provides dedicated servers; Hosted Private Cloud, which offers servers fully managed by OVHcloud, such as operating system and the virtualisation layer; Public Cloud that provides cloud computing services on shared servers; and web cloud services. The company also offers website hosting, domain name registration, telephony, and internet access services, as well as voice over internet protocol solutions.