Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY) Stock Short Interest Report for October

Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 4,015 shares, an increase of 1,067.2% from the October 15th total of 344 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,011 shares, the days-to-cover ratio is currently 2.0 days.

Woolworths Stock Performance

Shares of Woolworths stock remained flat at $2.65 during trading hours on Tuesday. 1,896 shares of the stock were exchanged, compared to its average volume of 1,224. Woolworths has a one year low of $2.10 and a one year high of $4.06. The business’s 50 day moving average price is $2.54 and its 200 day moving average price is $3.09. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.41 and a current ratio of 1.11.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group downgraded Woolworths from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Two research analysts have rated the stock with a Hold rating. According to MarketBeat, the company presently has an average rating of “Hold”.

About Woolworths

Woolworths Group Limited is an Australian retail company best known for its supermarket operations. In Australia, it operates Woolworths Supermarkets and smaller Woolworths Metro stores, selling groceries, fresh food, household goods and related products through physical stores and online channels. The group also operates BIG W, an Australian discount department store business offering products such as clothing, homewares, toys and electronics. In New Zealand, its supermarket business operates under the Woolworths brand.