THG Plc (OTCMKTS:THGPF – Get Free Report) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,588,763 shares, a decline of 60.8% from the June 15th total of 6,610,280 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
THG Stock Performance
Shares of OTCMKTS:THGPF remained flat at C$0.47 during trading on Tuesday. The company has a 50-day simple moving average of C$0.47 and a 200-day simple moving average of C$0.47. THG has a 52 week low of C$0.34 and a 52 week high of 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.
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