Coles Group Limited (OTCMKTS:CLEGF) Short Interest Up 83.5% in October

Coles Group Limited (OTCMKTS:CLEGF) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 1,610,700 shares, an increase of 83.5% from the October 15th total of 877,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 8,053.5 days.

Coles Group Price Performance

Shares of OTCMKTS:CLEGF remained flat at $11.55 during midday trading on Thursday. Coles Group has a fifty-two week low of $8.90 and a fifty-two week high of $11.70. The company has a 50-day moving average of $11.64 and a two-hundred day moving average of $10.23.

Coles Group Company Profile

Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets and Liquor segments. The company operates various supermarkets; and coles.com.au, which offers a choice of home delivery, including same-day, overnight drop and go services, and pick up from click and collect locations.