Ocado Group plc (OTCMKTS:OCDGF) Sees Significant Decline in Short Interest

Ocado Group plc (OTCMKTS:OCDGF) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 4,385,400 shares, a decline of 22.3% from the September 30th total of 5,641,500 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is currently 1,754.2 days.

Ocado Group Trading Up 0.9 %

OTCMKTS OCDGF traded up $0.04 during trading hours on Friday, hitting $4.51. 1,612 shares of the company were exchanged, compared to its average volume of 2,721. Ocado Group has a 52 week low of $3.52 and a 52 week high of $10.04. The stock has a 50-day moving average price of $4.71 and a 200 day moving average price of $4.59.

About Ocado Group

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.