Shoprite Holdings Ltd (OTCMKTS:SRGHY) Short Interest Update

Shoprite Holdings Ltd (OTCMKTS:SRGHY) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 8,700 shares, a decline of 18.7% from the January 15th total of 10,700 shares. Based on an average trading volume of 12,400 shares, the short-interest ratio is currently 0.7 days.

Shoprite Stock Performance

Shoprite stock opened at $14.93 on Friday. Shoprite has a twelve month low of $11.98 and a twelve month high of $18.18. The stock’s 50 day moving average is $15.80 and its 200 day moving average is $16.49.

Shoprite Company Profile

Shoprite Holdings Ltd, an investment holding company, primarily engages in the food retailing business in South Africa and internationally. The company operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It also offers clothing, general merchandise, cosmetics, and liquor products; furniture and home entertainment products; and electrical and household appliances.