Halfords Group Plc (OTCMKTS:HLFDY) Sees Large Increase in Short Interest

Halfords Group Plc (OTCMKTS:HLFDY) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 808 shares, a growth of 158.1% from the August 15th total of 313 shares. Based on an average trading volume of 1,477 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

Halfords Group Stock Performance

Halfords Group stock opened at $7.10 on Tuesday. The business’s 50-day simple moving average is $6.07 and its 200 day simple moving average is $4.39. The company has a current ratio of 0.89, a quick ratio of 0.39 and a debt-to-equity ratio of 0.35. Halfords Group has a 12-month low of $6.05 and a 12-month high of $8.26.

About Halfords Group

Halfords Group plc is a United Kingdom-based retailer and provider of motoring and cycling services. Through its Halfords retail business, the company sells car parts and accessories, tools, maintenance products, in-car technology, bicycles, cycling equipment, and outdoor and leisure products.

The group also provides installation and maintenance services, including vehicle servicing, MOT testing, repairs, tyres, batteries, exhausts, and other automotive work. Its mobile and in-store fitting services support products such as dash cameras, stereos, roof boxes, and child car seats, while its cycling operations offer bicycle sales, repairs, and related services.

Halfords serves customers primarily in the United Kingdom and Ireland through retail locations, autocentres, mobile service operations, and online channels.