Short Interest in OVH Groupe S.A. (OTCMKTS:OVHFF) Rises By 256.3%

OVH Groupe S.A. (OTCMKTS:OVHFF) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 367 shares, a growth of 256.3% from the July 30th total of 103 shares. Based on an average trading volume of 1 shares, the days-to-cover ratio is currently 367.0 days.

OVH Groupe Stock Performance

OVH Groupe stock opened at $18.22 on Friday. OVH Groupe has a 12 month low of $8.34 and a 12 month high of $19.60. The stock’s 50 day simple moving average is $17.01 and its two-hundred day simple moving average is $14.43.

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.