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

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

Ocado Group Price Performance

OTCMKTS OCDDY traded up $0.10 during mid-day trading on Friday, hitting $7.99. The company’s stock had a trading volume of 1,897 shares, compared to its average volume of 13,963. The company’s 50 day simple moving average is $7.63 and its 200 day simple moving average is $8.61. Ocado Group has a twelve month low of $6.52 and a twelve month high of $14.07. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.13 and a current ratio of 2.35.

Ocado Group Company Profile

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.