Short Interest in THG Plc (OTCMKTS:THGPF) Decreases By 27.6%

THG Plc (OTCMKTS:THGPF) was the recipient of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 1,423,072 shares, a decline of 27.6% from the January 15th total of 1,966,204 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

THG Price Performance

OTCMKTS:THGPF opened at C$0.47 on Friday. THG has a 12-month low of C$0.34 and a 12-month high of C$0.47. The stock’s 50 day simple moving average is C$0.47 and its 200-day simple moving average is C$0.47.

THG Company Profile

THG plc, formerly known as The Hut Group, is a global e-commerce and technology business specializing in health, beauty and lifestyle products. The company operates a diversified portfolio of direct-to-consumer brands across categories such as skincare, nutrition, fitness and wellness. In addition to its own brands, THG partners with third-party brands and retailers, offering end-to-end solutions for product development, digital marketing and customer engagement.

At the core of THG’s operations is its proprietary Ingenuity platform, which provides a suite of technology and logistics services.