Metcash Limited (OTCMKTS:MCSHF) Short Interest Update

Metcash Limited (OTCMKTS:MCSHFGet Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 262,687 shares, a decrease of 55.1% from the June 15th total of 584,937 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Metcash Stock Performance

OTCMKTS MCSHF remained flat at $1.48 during trading hours on Tuesday. The stock’s 50 day moving average is $1.48 and its two-hundred day moving average is $1.98. Metcash has a one year low of $1.48 and a one year high of $2.32.

About Metcash

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Metcash Limited operates as a wholesale distribution and marketing company in Australia. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Hardware segment distributes hardware products to independent retail outlets; and operates company owned retail stores. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels. It sells its products under the IGA, Foodland, Mitre 10, Home Hardware, Total Tools, Cellarbrations, IGA Liquor, and the Bottle-O brand names.

Further Reading

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