Tesco PLC (OTCMKTS:TSCDY) Sees Large Increase in Short Interest

Tesco PLC (OTCMKTS:TSCDY) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 374,200 shares, an increase of 1,241.2% from the March 31st total of 27,900 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 3,762,800 shares, the short-interest ratio is presently 0.1 days.

Tesco Trading Down 0.7 %

Shares of OTCMKTS:TSCDY opened at $14.50 on Friday. 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 has a 50 day moving average of $13.76 and a 200-day moving average of $13.84. Tesco has a one year low of $10.83 and a one year high of $15.16.

Tesco Company Profile

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.