OVH Groupe S.A. (OTCMKTS:OVHFF) Shares Shorted: Short Interest Down 83.8% in October

OVH Groupe S.A. (OTCMKTS:OVHFF) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 507 shares, a decrease of 83.8% from the September 30th total of 3,132 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analyst Ratings Changes

Separately, BNP Paribas Exane upgraded OVH Groupe to an “outperform” rating in a research report on Wednesday, September 16th. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, the company has an average rating of “Buy”.

OVH Groupe Price Performance

Shares of OVHFF stock opened at $14.38 on Tuesday. OVH Groupe has a 12-month low of $8.34 and a 12-month high of $20.35. The firm has a fifty day moving average of $18.04 and a 200-day moving average of $14.54.

About OVH Groupe

OVH Groupe, operating under the OVHcloud brand, is a French cloud computing and digital infrastructure company founded in 1999 by Octave Klaba. The company is headquartered in Roubaix, France, and develops and operates its own data centers, servers, and network infrastructure.

OVHcloud provides public, private, and hybrid cloud services, along with bare-metal dedicated servers, virtual private servers, web hosting, domain registration, storage, networking, and data backup solutions. Its products are designed for businesses, public-sector organizations, developers, and individual users across a range of computing and hosting needs.

The company serves customers internationally through operations in Europe, North America, and other global markets.