Eurocash S.A. (OTCMKTS:EUSHY) Sees Large Increase in Short Interest

Eurocash S.A. (OTCMKTS:EUSHY) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 154 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily trading volume, of 33 shares, the days-to-cover ratio is presently 4.7 days.

Eurocash Price Performance

Shares of Eurocash stock remained flat at $1.36 during mid-day trading on Thursday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 250. The company has a fifty day moving average price of $1.69 and a 200-day moving average price of $1.84. Eurocash has a fifty-two week low of $1.36 and a fifty-two week high of $3.88.

Eurocash Company Profile

Eurocash SA is a Poland‐based distributor of fast‐moving consumer goods (FMCG), serving primarily independent small and medium‐sized retailers across Poland. Through a network of wholesale outlets and logistics centers, the company supplies a broad range of grocery and non‐food products, including fresh and frozen foods, beverages, household goods and personal care items. Eurocash’s operations are designed to support local shop owners, gas stations and convenience stores with efficient ordering, delivery and merchandising solutions.

The company’s business model combines direct distribution, cash‐and‐carry outlets and franchise partnerships under brands such as ABC, Groszek and Delikatesy Centrum.