Short Interest in Tesco PLC (OTCMKTS:TSCDY) Declines By 71.6%

Tesco PLC (OTCMKTS:TSCDY) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 27,900 shares, a decrease of 71.6% from the March 15th total of 98,200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 689,100 shares, the days-to-cover ratio is presently 0.0 days.

Tesco Trading Down 0.5 %

TSCDY stock traded down $0.07 during midday trading on Thursday, reaching $13.83. The stock had a trading volume of 229,974 shares, compared to its average volume of 559,977. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.81 and a quick ratio of 0.67. Tesco has a twelve month low of $10.55 and a twelve month high of $15.16. The business has a fifty day simple moving average of $13.81 and a two-hundred day simple moving average of $13.84.

Tesco Company Profile

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.