OVH Groupe S.A. (OTCMKTS:OVHFF) Sees Large Decline in Short Interest

OVH Groupe S.A. (OTCMKTS:OVHFF) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 6,529 shares, a drop of 70.1% from the June 30th total of 21,856 shares. Based on an average daily volume of 6,020 shares, the days-to-cover ratio is currently 1.1 days.

OVH Groupe Stock Performance

Shares of OVHFF remained flat at $16.88 during midday trading on Monday. The stock had a trading volume of 100 shares, compared to its average volume of 3,184. The firm has a 50 day moving average price of $16.87 and a 200 day moving average price of $13.02. OVH Groupe has a fifty-two week low of $8.34 and a fifty-two week 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.