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Short Interest in Shoprite Holdings Ltd (OTCMKTS:SRGHY) Drops By 45.6%
['Sarita Garza']
Markets Daily
Shoprite Holdings Ltd (OTCMKTS:SRGHY – Get Free Report) was the recipient of a large decrease in short interest in September.
As of September 15th, there was short interest totaling 4,900 shares, a decrease of 45.6% from the August 31st total of 9,000 shares.
Based on an average daily volume of 12,800 shares, the short-interest ratio is presently 0.4 days.
One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Shoprite presently has a consensus rating of “Buy”.
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