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

OVH Groupe S.A. (OTCMKTS:OVHFF) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 22,697 shares, a growth of 83.8% from the April 15th total of 12,346 shares. Based on an average trading volume of 51 shares, the days-to-cover ratio is presently 445.0 days.

OVH Groupe Price Performance

OTCMKTS:OVHFF opened at $13.99 on Monday. The firm’s fifty day moving average is $11.67 and its 200-day moving average is $10.28. OVH Groupe has a 52 week low of $8.34 and a 52 week high of $16.80.

OVH Groupe Company Profile

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.