Pick n Pay Stores Limited (OTCMKTS:PKPYY – Get Free Report) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 315 shares, a growth of 2,000.0% from the May 14th total of 15 shares. Based on an average daily trading volume, of 111 shares, the short-interest ratio is currently 2.8 days.
Pick n Pay Stores Price Performance
OTCMKTS PKPYY remained flat at $6.10 during trading on Tuesday. The company has a fifty day moving average price of $7.23 and a two-hundred day moving average price of $7.41. Pick n Pay Stores has a 1 year low of $6.10 and a 1 year high of $6.85.
About Pick n Pay Stores
Pick n Pay Stores Limited (OTCMKTS:PKPYY) is a leading South African retail grocery chain offering a broad range of food, household and general merchandise products. Headquartered in Cape Town, the company operates company-owned and franchise stores under various formats, including hypermarkets, supermarkets, convenience outlets and an online retail platform. Pick n Pay’s operations are supported by a central distribution network and loyalty programme, which together help maintain product availability and foster customer retention.
The company’s product portfolio spans fresh produce, meat and seafood, bakery goods, pantry staples, non-food household items and selected apparel.
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