Short Interest in Boohoo Group Plc Unsponsored ADR (OTCMKTS:BHOOY) Declines By 44.8%
by Doug Wharley · The Cerbat GemBoohoo Group Plc Unsponsored ADR (OTCMKTS:BHOOY – Get Free Report) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 111 shares, a drop of 44.8% from the April 15th total of 201 shares. Based on an average trading volume of 49 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.0% of the company’s shares are sold short.
Boohoo Group Price Performance
BHOOY opened at $4.55 on Friday. The stock’s 50 day simple moving average is $5.54 and its 200 day simple moving average is $5.89. The company has a debt-to-equity ratio of 1,414.00, a quick ratio of 0.22 and a current ratio of 0.51. Boohoo Group has a 1 year low of $3.11 and a 1 year high of $7.20.
Boohoo Group Company Profile
Boohoo Group plc is a UK-based online fashion retailer founded in 2006 by Mahmud Kamani and Carol Kane. The company operates a portfolio of digital-first brands, including boohoo, boohooMAN, PrettyLittleThing, Nasty Gal and others, targeting style-conscious consumers with rapidly refreshed collections. Boohoo’s business model centers on fast-fashion principles, bringing runway-inspired designs to market at accessible price points.
The group’s core activities encompass in-house design, trend forecasting, sourcing and direct-to-consumer e-commerce sales.