Österreichische Post AG (OTCMKTS:OERCF) Sees Significant Increase in Short Interest

Österreichische Post AG (OTCMKTS:OERCF) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 7,600 shares, a growth of 72.7% from the March 15th total of 4,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 76.0 days.

Österreichische Post Price Performance

Österreichische Post stock remained flat at $33.24 during mid-day trading on Friday. The company’s fifty day simple moving average is $31.37 and its two-hundred day simple moving average is $31.17. Österreichische Post has a 52 week low of $29.65 and a 52 week high of $33.24.

About Österreichische Post

Österreichische Post AG, together with its subsidiaries, provides postal and parcel services in Austria, Germany, Southeast and Eastern Europe, Türkiye, Azerbaijan, and internationally. It operates through three divisions: Mail, Parcel & Logistics, and Retail & Bank. The Mail division engages in the distribution, collection, sorting, and delivery of letters and document shipments, addressed and unaddressed direct mail, and newspapers and magazines, as well as online services, such as e-letter and cross-media solutions.