The SPAR Group Ltd (OTCMKTS:SGPPF) Sees Large Increase in Short Interest

The SPAR Group Ltd (OTCMKTS:SGPPF) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 28,000 shares, an increase of 93.1% from the February 28th total of 14,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

The SPAR Group Price Performance

OTCMKTS:SGPPF remained flat at C$5.88 on Friday. The SPAR Group has a 1 year low of C$5.88 and a 1 year high of C$6.20. The stock’s fifty day moving average price is C$5.88 and its 200-day moving average price is C$5.88.

About The SPAR Group

The SPAR Group Ltd engages in the wholesale and distribution of goods and services to grocery stores and other group retail outlets in South Africa and internationally. The company offers fresh produce, in-store bakery, butchery, deli, ready-to-eat meals, home-meal replacements, groceries, general merchandise, baked foods, liquor products, building and hardware products, coffee, dispensary and health-related products, confectionery, health and beauty, frozen foods, catering products, wines, and non-food items.