JB Hi-Fi Limited (OTCMKTS:JBHIF) Sees Significant Growth in Short Interest

JB Hi-Fi Limited (OTCMKTS:JBHIF) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 374,000 shares, a growth of 19.0% from the February 28th total of 314,400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 3,740.0 days.

JB Hi-Fi Price Performance

Shares of JBHIF opened at C$56.58 on Wednesday. JB Hi-Fi has a twelve month low of C$56.58 and a twelve month high of C$63.55. The stock’s fifty day simple moving average is C$59.22 and its 200 day simple moving average is C$55.31.

About JB Hi-Fi

JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It provides computers, such as laptops, desktop PCs, iPads, tablets, eBook readers, monitors and projectors, printers and ink, storage devices, keyboards and mouse, computer accessories, as well as software, and home internet and wi-fi products; televisions; headphones, speakers, and audio devices; and smart home appliances.