Jumbo S.A. (OTCMKTS:JUMSY) Shares Shorted: Short Interest Up 1,607.1% in September

Jumbo S.A. (OTCMKTS:JUMSY) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 956 shares, a growth of 1,607.1% from the September 15th total of 56 shares. Based on an average daily volume of 2,987 shares, the days-to-cover ratio is currently 0.3 days.

Jumbo Trading Up 4.5%

Shares of JUMSY traded up $1.16 on Friday, reaching $27.03. 1,082 shares of the company’s stock were exchanged, compared to its average volume of 3,436. The business has a 50 day moving average price of $29.12 and a two-hundred day moving average price of $27.65. Jumbo has a 12 month low of $23.65 and a 12 month high of $35.16.

About Jumbo

Jumbo SA is a Greece-based retail group that operates a network of large-format stores offering toys, games, baby products, stationery, books, seasonal merchandise and a range of home and household goods. The company serves families and consumers through physical stores and online retail channels.

Founded in Greece in 1986, Jumbo has expanded beyond its domestic market into Cyprus, Bulgaria and Romania. In addition to its company-operated stores, the group has used franchising and wholesale arrangements to broaden the distribution of its products in selected markets.

Jumbo is headquartered in Greece and is associated with founder and longtime executive Apostolos Vakakis, who has held senior leadership roles within the group.