Short Interest in Woolworths Group Limited (OTCMKTS:WOLWF) Rises By 140.7%

Woolworths Group Limited (OTCMKTS:WOLWF) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 1,649,400 shares, a growth of 140.7% from the September 15th total of 685,300 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is currently 717.1 days.

Woolworths Group Price Performance

OTCMKTS WOLWF opened at $21.85 on Friday. The firm’s fifty day simple moving average is $22.47 and its two-hundred day simple moving average is $21.79. Woolworths Group has a 12-month low of $19.62 and a 12-month high of $25.26.

Woolworths Group Company Profile

Woolworths Group Limited operates retail stores in Australia and New Zealand. It operates through Australian Food, Australian B2B, New Zealand Food, BIG W, and Other segments. The Australian Food segment procures and resells food and related products, and provides services to customers in Australia. The Australian B2B segment engages in procurement and distribution of food and related products for resale to other businesses, as well as provision of supply chain services to business customers in Australia.