Short Interest in Woolworths Group Limited (OTCMKTS:WOLWF) Declines By 35.0%

Woolworths Group Limited (OTCMKTS:WOLWF) saw a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 1,208,600 shares, a drop of 35.0% from the October 15th total of 1,858,900 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 863.3 days.

Woolworths Group Stock Performance

Woolworths Group stock opened at $21.54 on Friday. Woolworths Group has a 52 week low of $19.62 and a 52 week high of $25.26. The business’s 50-day simple moving average is $22.05 and its 200-day simple moving average is $21.83.

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.