Short Interest in Shoprite Holdings Ltd (OTCMKTS:SRGHY) Expands By 62.9%

Shoprite Holdings Ltd (OTCMKTS:SRGHY) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 5,700 shares, a growth of 62.9% from the December 15th total of 3,500 shares. Based on an average trading volume of 12,600 shares, the short-interest ratio is presently 0.5 days.

Shoprite Stock Up 2.0 %

SRGHY traded up $0.31 during midday trading on Thursday, reaching $15.56. 4,329 shares of the company’s stock were exchanged, compared to its average volume of 4,757. Shoprite has a one year low of $11.98 and a one year high of $18.18. The business has a 50-day simple moving average of $16.44 and a two-hundred day simple moving average of $16.56.

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.