Jumbo S.A. (OTCMKTS:JUMSY) Sees Large Decrease in Short Interest

Jumbo S.A. (OTCMKTS:JUMSY) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 56 shares, a decrease of 85.9% from the August 31st total of 396 shares. Based on an average daily trading volume, of 1,450 shares, the short-interest ratio is presently 0.0 days.

Jumbo Price Performance

JUMSY traded up $1.86 during trading on Friday, reaching $27.50. 443 shares of the company’s stock were exchanged, compared to its average volume of 2,366. The company’s fifty day moving average price is $28.92 and its 200-day moving average price is $27.56. Jumbo has a fifty-two week low of $23.65 and a fifty-two week high of $36.49.

About Jumbo

Jumbo SA is a Greece-based retail group that operates a network of large-format stores offering toys, games, baby products, stationery, books, seasonal merchandise and a range of home and household goods. The company serves families and consumers through physical stores and online retail channels.

Founded in Greece in 1986, Jumbo has expanded beyond its domestic market into Cyprus, Bulgaria and Romania. In addition to its company-operated stores, the group has used franchising and wholesale arrangements to broaden the distribution of its products in selected markets.

Jumbo is headquartered in Greece and is associated with founder and longtime executive Apostolos Vakakis, who has held senior leadership roles within the group.