Short Interest in OVH Groupe S.A. (OTCMKTS:OVHFF) Increases By 8,523.7%

OVH Groupe S.A. (OTCMKTS:OVHFF) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 31,649 shares, an increase of 8,523.7% from the August 15th total of 367 shares. Based on an average daily trading volume, of 118 shares, the days-to-cover ratio is currently 268.2 days.

OVH Groupe Price Performance

OVH Groupe stock opened at $15.99 on Friday. OVH Groupe has a 52 week low of $8.34 and a 52 week high of $19.60. The business’s 50-day moving average price is $17.00 and its 200 day moving average price is $14.81.

About OVH Groupe

OVH Groupe SA provides public and private cloud, shared hosting, and dedicated server products and solutions worldwide. The company operates through three segments: Private Cloud, Public Cloud, and Web Cloud & Other. It offers Bare Metal Cloud that provides dedicated servers; Hosted Private Cloud, which offers servers fully managed by OVHcloud, such as operating system and the virtualisation layer; Public Cloud that provides cloud computing services on shared servers; and web cloud services. The company also offers website hosting, domain name registration, telephony, and internet access services, as well as voice over internet protocol solutions.