Short Interest in Boohoo Group Plc Unsponsored ADR (OTCMKTS:BHOOY) Drops By 70.2%

Boohoo Group Plc Unsponsored ADR (OTCMKTS:BHOOYGet Free Report) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 300 shares, a decrease of 70.2% from the November 30th total of 1,006 shares. Based on an average daily trading volume, of 369 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 369 shares, the days-to-cover ratio is presently 0.8 days.

Boohoo Group Stock Performance

BHOOY stock opened at $7.20 on Friday. Boohoo Group has a 1-year low of $3.11 and a 1-year high of $9.75. The business has a 50-day moving average price of $4.95 and a 200 day moving average price of $4.78.

About Boohoo Group

(Get Free Report)

Boohoo Group plc is a UK-based online fashion retailer founded in 2006 by Mahmud Kamani and Carol Kane. The company operates a portfolio of digital-first brands, including boohoo, boohooMAN, PrettyLittleThing, Nasty Gal and others, targeting style-conscious consumers with rapidly refreshed collections. Boohoo’s business model centers on fast-fashion principles, bringing runway-inspired designs to market at accessible price points.

The group’s core activities encompass in-house design, trend forecasting, sourcing and direct-to-consumer e-commerce sales.

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