OVH Groupe S.A. (OTCMKTS:OVHFF – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 3,132 shares, a growth of 547.1% from the September 15th total of 484 shares. Based on an average trading volume of 124 shares, the short-interest ratio is currently 25.3 days.
OVH Groupe Price Performance
OTCMKTS:OVHFF remained flat at $19.59 during trading hours on Friday. OVH Groupe has a fifty-two week low of $8.34 and a fifty-two week high of $20.35. The company has a 50 day moving average of $17.70 and a 200 day moving average of $15.87.
Analyst Upgrades and Downgrades
Separately, BNP Paribas Exane upgraded shares of OVH Groupe to an “outperform” rating in a research report on Wednesday, September 16th. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.
About OVH Groupe
OVH Groupe, operating under the OVHcloud brand, is a France-based cloud computing and web hosting company. It provides infrastructure and digital services to businesses, public-sector organizations, developers and individual customers, with an emphasis on data sovereignty, security and scalable cloud infrastructure.
The company’s offerings include bare-metal dedicated servers, public cloud computing, private and hosted private cloud solutions, web hosting, domain-name services, storage, networking, cybersecurity and managed services.
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