Shoprite Holdings Ltd (OTCMKTS:SRGHY – Get Free Report) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 733 shares, a growth of 69.3% from the September 15th total of 433 shares. Based on an average trading volume of 4,194 shares, the short-interest ratio is presently 0.2 days.
Shoprite Price Performance
Shoprite stock opened at $20.40 on Friday. The company’s 50 day simple moving average is $19.28 and its 200-day simple moving average is $18.08. Shoprite has a 1 year low of $15.28 and a 1 year high of $20.40.
About Shoprite
Shoprite Holdings Ltd. is a South African retail group that operates supermarkets, convenience stores and related businesses across Africa. Its principal brands include Shoprite, Checkers, Usave and OK, offering groceries, fresh produce, household goods, personal-care products and other everyday consumer items. The group also operates liquor stores under brands such as LiquorShop and provides selected financial and digital services to customers.
Shoprite traces its origins to 1979, when it began expanding from a small group of stores in the Western Cape.
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