Coles Group Limited (OTCMKTS:CLEGF) Short Interest Down 14.9% in January

Coles Group Limited (OTCMKTS:CLEGF) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,022,600 shares, a drop of 14.9% from the December 31st total of 1,201,600 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 1,460.9 days.

Coles Group Stock Performance

CLEGF stock opened at $11.02 on Monday. Coles Group has a 1-year low of $8.90 and a 1-year high of $14.08. The business has a 50 day simple moving average of $10.78 and a two-hundred day simple moving average of $11.29.

About Coles Group

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.