Short Interest in Pets at Home Group Plc (OTCMKTS:PAHGF) Expands By 1,117.2%

Pets at Home Group Plc (OTCMKTS:PAHGF) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 21,386 shares, an increase of 1,117.2% from the April 30th total of 1,757 shares. Based on an average daily trading volume, of 3,671 shares, the days-to-cover ratio is presently 5.8 days.

Pets at Home Group Stock Performance

Shares of Pets at Home Group stock remained flat at $2.71 on Wednesday. Pets at Home Group has a 12 month low of $2.19 and a 12 month high of $3.90. The business has a 50-day simple moving average of $2.48 and a 200-day simple moving average of $2.66.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane initiated coverage on Pets at Home Group in a research report on Monday, April 27th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

About Pets at Home Group

Pets at Home Group operates as a leading United Kingdom–based retailer specializing in pet food, accessories, and services. Through its network of retail stores, e-commerce platform, and veterinary care centres, the company provides a comprehensive range of products for dogs, cats, small mammals, birds and fish. Its merchandise mix includes branded and private-label pet food, bedding, toys, grooming tools and health supplies, catering to a broad spectrum of pet-owner needs.

In addition to its core retail offering, Pets at Home has developed a substantial services division.