Short Interest in Tesco PLC (OTCMKTS:TSCDY) Decreases By 37.7%

Tesco PLC (OTCMKTS:TSCDY - Get Free Report) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 98,200 shares, a decrease of 37.7% from the February 28th total of 157,600 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 168,000 shares, the short-interest ratio is presently 0.6 days.

Tesco Stock Performance

Tesco stock traded down $0.16 during trading hours on Wednesday, hitting $12.74. The stock had a trading volume of 211,107 shares, compared to its average volume of 287,026. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.81 and a quick ratio of 0.67. The business's 50 day simple moving average is $14.00 and its 200-day simple moving average is $13.95. Tesco has a one year low of $10.54 and a one year high of $15.16.

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.