Short Interest in Ocado Group plc (OTCMKTS:OCDDY) Expands By 19.4%

Ocado Group plc (OTCMKTS:OCDDY) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 79,900 shares, an increase of 19.4% from the January 15th total of 66,900 shares. Based on an average trading volume of 35,300 shares, the short-interest ratio is currently 2.3 days.

Ocado Group Price Performance

OTCMKTS OCDDY traded up $0.10 during trading hours on Friday, reaching $7.99. 1,897 shares of the company’s stock were exchanged, compared to its average volume of 13,963. Ocado Group has a one year low of $6.52 and a one year high of $14.07. The firm has a fifty day moving average of $7.63 and a 200-day moving average of $8.62. The company has a quick ratio of 2.13, a current ratio of 2.35 and a debt-to-equity ratio of 1.39.

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.