OVH Groupe S.A. (OTCMKTS:OVHFF) Sees Large Growth in Short Interest

OVH Groupe S.A. (OTCMKTS:OVHFF) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 31,649 shares, an increase of 8,523.7% from the August 15th total of 367 shares. Based on an average daily volume of 118 shares, the days-to-cover ratio is currently 268.2 days.

OVH Groupe Stock Performance

Shares of OTCMKTS:OVHFF remained flat at $15.99 during trading on Thursday. The stock has a 50-day moving average of $17.03 and a 200 day moving average of $14.77. OVH Groupe has a fifty-two week low of $8.34 and a fifty-two week 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.