Woolworths Group Limited (OTCMKTS:WOLWF) Sees Large Growth in Short Interest

Woolworths Group Limited (OTCMKTS:WOLWF) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 499,200 shares, a growth of 149.7% from the May 31st total of 199,900 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is presently 332.8 days.

Woolworths Group Stock Performance

Shares of Woolworths Group stock opened at $23.64 on Friday. Woolworths Group has a 1-year low of $19.62 and a 1-year high of $26.24. The company’s fifty day simple moving average is $20.82 and its 200-day simple moving average is $22.01.

About Woolworths Group

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.