Boohoo Group Plc Unsponsored ADR (OTCMKTS:BHOOY) Sees Significant Drop in Short Interest

Boohoo Group Plc Unsponsored ADR (OTCMKTS:BHOOY) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 100 shares, a drop of 50.0% from the January 15th total of 200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Currently, 0.0% of the shares of the stock are sold short.

Boohoo Group Stock Performance

Shares of OTCMKTS:BHOOY opened at $7.20 on Thursday. The company’s fifty day moving average price is $7.20 and its 200-day moving average price is $5.16. The company has a debt-to-equity ratio of 1,414.00, a current ratio of 0.51 and a quick ratio of 0.22. Boohoo Group has a one year low of $3.11 and a one year high of $9.75.

About Boohoo Group

Boohoo Group plc is a UK-based online fashion retailer founded in 2006 by Mahmud Kamani and Carol Kane. The company operates a portfolio of digital-first brands, including boohoo, boohooMAN, PrettyLittleThing, Nasty Gal and others, targeting style-conscious consumers with rapidly refreshed collections. Boohoo’s business model centers on fast-fashion principles, bringing runway-inspired designs to market at accessible price points.

The group’s core activities encompass in-house design, trend forecasting, sourcing and direct-to-consumer e-commerce sales.