OVH Groupe S.A. (OTCMKTS:OVHFF) Short Interest Update

OVH Groupe S.A. (OTCMKTS:OVHFF) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 2,816 shares, a drop of 75.0% from the May 31st total of 11,254 shares. Based on an average daily trading volume, of 609 shares, the short-interest ratio is presently 4.6 days.

OVH Groupe Stock Up 5.4%

OVHFF traded up $0.83 on Monday, hitting $16.24. The company had a trading volume of 26,200 shares, compared to its average volume of 2,612. The company’s fifty day moving average price is $15.56 and its 200 day moving average price is $11.91. OVH Groupe has a 1 year low of $8.34 and a 1 year high of $19.60.

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.