Tesco PLC (OTCMKTS:TSCDY) Short Interest Down 37.7% in March

Tesco PLC (OTCMKTS:TSCDY) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 98,200 shares, a decrease of 37.7% from the February 28th total of 157,600 shares. Based on an average daily volume of 168,000 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Tesco Stock Performance

TSCDY stock opened at $12.90 on Friday. Tesco has a 1 year low of $10.54 and a 1 year high of $15.16. The company’s 50-day moving average is $14.03 and its 200-day moving average is $13.97. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.81 and a quick ratio of 0.67.

Tesco Company Profile

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.