Ocado Group plc (OTCMKTS:OCDGF) Short Interest Update

Ocado Group plc (OTCMKTS:OCDGF) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 10,189,772 shares, a growth of 22.6% from the January 15th total of 8,313,207 shares. Based on an average trading volume of 307 shares, the short-interest ratio is currently 33,191.4 days. Based on an average trading volume of 307 shares, the short-interest ratio is currently 33,191.4 days.

Ocado Group Price Performance

OCDGF opened at $2.98 on Tuesday. The company has a 50-day moving average of $3.24 and a 200-day moving average of $496.31. Ocado Group has a 1-year low of $2.25 and a 1-year high of $4.84.

About Ocado Group

Ocado Group (OTCMKTS:OCDGF) is a UK-based technology-driven online grocery retailer and solutions provider. The company operates Ocado.com, an e-commerce grocery business offering a full range of fresh and ambient food products directly to consumers. Alongside its retail operations, Ocado Group has developed a suite of proprietary software and automation technologies—ranging from warehouse robotics and artificial intelligence to dynamic routing and order fulfillment systems—which it licenses to international retail partners under the Ocado Smart Platform.

Founded in 2000 by three former Goldman Sachs bankers, Ocado Group initially disrupted the UK grocery market with its home-delivery model.