Fnac Darty SA (OTCMKTS:GRUPF) Sees Large Decline in Short Interest

Fnac Darty SA (OTCMKTS:GRUPF) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 3,886 shares, a drop of 89.3% from the January 15th total of 36,207 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Fnac Darty Stock Performance

Shares of OTCMKTS:GRUPF remained flat at C$66.00 during mid-day trading on Tuesday. Fnac Darty has a fifty-two week low of C$46.08 and a fifty-two week high of C$66.00. The firm’s 50-day simple moving average is C$66.00 and its two-hundred day simple moving average is C$66.00.

About Fnac Darty

Fnac Darty is a leading European retailer specializing in cultural and consumer electronics goods. Through its Fnac and Darty banners, the company offers a broad selection of products, including books, music, gaming, photography equipment, home appliances, computing devices and telecommunications hardware. In addition to product sales, Fnac Darty provides after-sales services such as installation, home delivery, technical support and extended-warranty plans designed to enhance the customer experience.

Headquartered in Ivry-sur-Seine, France, Fnac Darty was created by the merger of Fnac and Darty in early 2016.