Coles Group Limited (OTCMKTS:CLEGF) Short Interest Update

Coles Group Limited (OTCMKTS:CLEGFGet Rating) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 191,500 shares, a growth of 24.0% from the August 15th total of 154,400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 957.5 days.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. JPMorgan Chase & Co. cut shares of Coles Group from a “neutral” rating to an “underweight” rating in a report on Tuesday, June 28th. The Goldman Sachs Group lowered shares of Coles Group from a “neutral” rating to a “sell” rating in a research report on Tuesday, September 13th.

Coles Group Stock Performance

CLEGF opened at $11.12 on Monday. Coles Group has a twelve month low of $11.12 and a twelve month high of $13.50. The firm’s 50-day moving average price is $12.73 and its 200 day moving average price is $12.87.

About Coles Group

(Get Rating)

Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets, Liquor, and Express segments. The company provides fresh food and groceries through 834 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.

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