Coles Group Limited (OTCMKTS:CLEGF – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 761,982 shares, a drop of 46.5% from the July 15th total of 1,423,830 shares. Based on an average daily trading volume, of 118 shares, the short-interest ratio is currently 6,457.5 days.
Coles Group Price Performance
CLEGF stock remained flat at $16.85 during mid-day trading on Friday. Coles Group has a fifty-two week low of $13.00 and a fifty-two week high of $17.14. The stock’s fifty day moving average is $16.30 and its 200 day moving average is $16.04.
Coles Group Company Profile
Coles Group Ltd. (OTCMKTS:CLEGF) is a leading Australian retailer headquartered in Melbourne. The company operates one of the country’s largest supermarket chains under the Coles banner, complemented by an extensive liquor division and a network of convenience and fuel outlets. Coles Group’s core mission centers on providing a broad range of food, everyday household products and services to customers across urban and regional Australia.
Coles Group’s supermarket operations encompass both brick-and-mortar stores and an online grocery delivery platform, supported by a nationwide logistics and distribution network.
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