On the Beach Group plc (OTCMKTS:OOBHF) Sees Significant Growth in Short Interest

On the Beach Group plc (OTCMKTS:OOBHF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 402,400 shares, an increase of 25,050.0% from the February 28th total of 1,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

On the Beach Group Price Performance

OTCMKTS:OOBHF opened at $2.98 on Thursday. On the Beach Group has a twelve month low of $2.40 and a twelve month high of $2.98. The company’s 50 day moving average is $2.47 and its two-hundred day moving average is $2.14.

About On the Beach Group

On the Beach Group plc operates as an online retailer of short haul beach holidays under the On the Beach brand name in the United Kingdom. It operates through three segments: OTB, CCH, and CPH. The company provides its services through onthebeach.co.uk, sunshine.co.uk, and onthebeachtransfers.co.uk websites in the United Kingdom.