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Tesco PLC (OTCMKTS:TSCDY) Sees Significant Growth in Short Interest

Tesco logo with Retail/Wholesale background

Tesco PLC (OTCMKTS:TSCDY - Get Free Report) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 374,200 shares, a growth of 1,241.2% from the March 31st total of 27,900 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,762,800 shares, the days-to-cover ratio is presently 0.1 days.

Tesco Stock Performance

OTCMKTS:TSCDY traded down $0.10 during trading hours on Friday, hitting $14.50. 80,180 shares of the stock were exchanged, compared to its average volume of 531,327. Tesco has a twelve month low of $10.83 and a twelve month high of $15.16. The company has a quick ratio of 0.67, a current ratio of 0.81 and a debt-to-equity ratio of 0.48. The company's 50 day moving average is $13.76 and its two-hundred day moving average is $13.84.

Tesco Company Profile

(Get Free Report)

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.

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