Tesco PLC (OTCMKTS:TSCDY) Short Interest Up 50.3% in February

Tesco PLC (OTCMKTS:TSCDY - Get Free Report) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 79,800 shares, an increase of 50.3% from the January 31st total of 53,100 shares. Based on an average trading volume of 397,400 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada started coverage on shares of Tesco in a research report on Tuesday, November 19th. They set a "sector perform" rating for the company.

Tesco Stock Down 1.4 %

TSCDY stock traded down $0.22 during trading on Thursday, reaching $14.87. The stock had a trading volume of 77,008 shares, compared to its average volume of 305,388. Tesco has a one year low of $10.54 and a one year high of $15.16. The company has a current ratio of 0.81, a quick ratio of 0.67 and a debt-to-equity ratio of 0.48. The company's 50 day moving average is $14.11 and its two-hundred day moving average is $14.05.

About Tesco

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.