Short Interest in OVH Groupe S.A. (OTCMKTS:OVHFF) Drops By 98.4%

OVH Groupe S.A. (OTCMKTS:OVHFF) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 103 shares, a decline of 98.4% from the July 15th total of 6,529 shares. Based on an average daily volume of 129 shares, the days-to-cover ratio is presently 0.8 days.

OVH Groupe Stock Performance

Shares of OTCMKTS:OVHFF remained flat at $17.15 on Tuesday. 3 shares of the stock traded hands, compared to its average volume of 3,089. The stock’s 50-day moving average is $17.42 and its 200-day moving average is $13.69. OVH Groupe has a 12-month low of $8.34 and a 12-month high of $19.60.

About OVH Groupe

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.