Tesco PLC (OTCMKTS:TSCDY – Get Free Report) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 464,500 shares, an increase of 48.9% from the December 15th total of 312,000 shares. Based on an average trading volume of 462,700 shares, the short-interest ratio is currently 1.0 days.
Tesco Stock Up 0.2 %
Shares of OTCMKTS TSCDY opened at $13.34 on Friday. Tesco has a 1-year low of $10.36 and a 1-year high of $14.85. The company has a 50-day moving average of $13.77 and a two-hundred day moving average of $13.65.
Analyst Ratings Changes
Several research analysts recently issued reports on TSCDY shares. Royal Bank of Canada began coverage on shares of Tesco in a research report on Tuesday, November 19th. They issued a “sector perform” rating for the company. BNP Paribas initiated coverage on Tesco in a report on Friday, October 18th. They issued an “outperform” rating for the company.
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.
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