Coles Group Limited (OTCMKTS:CLEGF) Sees Large Increase in Short Interest

Coles Group Limited (OTCMKTS:CLEGF) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 375,800 shares, a growth of 40.9% from the May 31st total of 266,800 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 1,252.7 days.

Coles Group Price Performance

OTCMKTS:CLEGF remained flat at $10.38 on Monday. The firm’s fifty day moving average is $7.87 and its 200-day moving average is $8.21. Coles Group has a 1 year low of $8.90 and a 1 year high of $10.38.

About Coles Group

Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets and Liquor segments. The company operates various supermarkets; and coles.com.au, which offers a choice of home delivery, including same-day, overnight drop and go services, and pick up from click and collect locations.