Tesco PLC (OTCMKTS:TSCDY) Sees Large Decrease in Short Interest

Tesco PLC (OTCMKTS:TSCDY) saw a large decrease in short interest in 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 168,000 shares, the short-interest ratio is presently 0.6 days.

Tesco Stock Up 1.1 %

TSCDY opened at $12.90 on Friday. The company’s 50 day simple moving average is $14.03 and its two-hundred day simple moving average is $13.98. Tesco has a 1-year low of $10.54 and a 1-year high of $15.16. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.81 and a quick ratio of 0.67.

About Tesco

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.