Short Interest in Pets at Home Group Plc (OTCMKTS:PAHGF) Increases By 1,117.2%

Pets at Home Group Plc (OTCMKTS:PAHGF) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 21,386 shares, a growth of 1,117.2% from the April 30th total of 1,757 shares. Based on an average daily trading volume, of 3,671 shares, the days-to-cover ratio is presently 5.8 days.

Pets at Home Group Stock Performance

Shares of OTCMKTS PAHGF remained flat at $2.71 during mid-day trading on Friday. 962 shares of the stock were exchanged, compared to its average volume of 4,918. The stock’s 50 day moving average price is $2.48 and its 200-day moving average price is $2.66. Pets at Home Group has a 12-month low of $2.19 and a 12-month high of $3.90.

Analyst Ratings Changes

Separately, BNP Paribas Exane started coverage on shares of Pets at Home Group in a research report on Monday, April 27th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Pets at Home Group Company Profile

Pets at Home Group operates as a leading United Kingdom–based retailer specializing in pet food, accessories, and services. Through its network of retail stores, e-commerce platform, and veterinary care centres, the company provides a comprehensive range of products for dogs, cats, small mammals, birds and fish. Its merchandise mix includes branded and private-label pet food, bedding, toys, grooming tools and health supplies, catering to a broad spectrum of pet-owner needs.

In addition to its core retail offering, Pets at Home has developed a substantial services division.