boohoo group plc (OTCMKTS:BHHOF) Stock Short Interest Drops 50.7%

boohoo group plc (OTCMKTS:BHHOF) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 206,845 shares, a decline of 50.7% from the September 15th total of 419,200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

boohoo group Price Performance

boohoo group stock opened at $0.31 on Wednesday. The firm has a fifty day moving average of $0.31 and a 200-day moving average of $0.31. boohoo group has a 52-week low of $0.30 and a 52-week high of $0.31.

boohoo group Company Profile

Boohoo Group plc is a United Kingdom-based online fashion retailer that designs, sources, markets and sells clothing, footwear, accessories and beauty products. Its digital-first brands have historically focused on affordable, trend-led fashion for women and men, serving customers primarily through e-commerce websites and mobile platforms.

The group’s portfolio has included boohoo, boohooMAN, PrettyLittleThing, Debenhams, Karen Millen, Dorothy Perkins, Burton and Wallis. Its brands offer a broad range of apparel and related products, including casualwear, occasionwear, activewear, footwear, accessories, cosmetics and home merchandise, with product ranges and brand positioning tailored to different customer segments.

Founded in Manchester in 2006 by Mahmud Kamani and Carol Kane, Boohoo Group expanded from its original boohoo brand through international growth and acquisitions.