Short Interest in Tesco PLC (OTCMKTS:TSCDY) Decreases By 37.7%

Tesco PLC (OTCMKTS:TSCDY) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 98,200 shares, a decrease of 37.7% from the February 28th total of 157,600 shares. Based on an average trading volume of 168,000 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company’s shares are sold short.

Tesco Stock Performance

Tesco stock opened at $12.90 on Friday. Tesco has a 52-week low of $10.54 and a 52-week high of $15.16. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.67 and a current ratio of 0.81. The firm has a 50 day moving average price of $14.03 and a two-hundred day moving average price of $13.97.

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.