OVH Groupe S.A. (OTCMKTS:OVHFF) Short Interest Down 53.0% in May

OVH Groupe S.A. (OTCMKTS:OVHFF) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 10,664 shares, a decrease of 53.0% from the April 30th total of 22,697 shares. Based on an average daily volume of 1,458 shares, the days-to-cover ratio is currently 7.3 days.

OVH Groupe Trading Up 6.1%

Shares of OVHFF traded up $0.98 during mid-day trading on Monday, reaching $17.13. The stock had a trading volume of 2,802 shares, compared to its average volume of 1,850. OVH Groupe has a 52-week low of $8.34 and a 52-week high of $17.13. The business’s fifty day moving average is $12.54 and its 200 day moving average is $10.69.

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.