Time to Reconsider TESCO PLC ORD ORDINARY SHARES (OTCMKTS:TSCDF) After More Short Sellers?

October 13, 2018 - By Marie Mckinney


The stock of TESCO PLC ORD ORDINARY SHARES (OTCMKTS:TSCDF) registered an increase of 5.65% in short interest. TSCDF’s total short interest was 5.61M shares in October as published by FINRA. Its up 5.65% from 5.31 million shares, reported previously. With 16,100 shares average volume, it will take short sellers 349 days to cover their TSCDF’s short positions.

The stock increased 2.29% or $0.064676 during the last trading session, reaching $2.884676. About 6,568 shares traded. Tesco PLC (OTCMKTS:TSCDF) has 0.00% since October 13, 2017 and is . It has underperformed by 15.62% the S&P500.

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company has market cap of $27.76 billion. The firm also provides retail banking and insurance services. It has a 19.62 P/E ratio. It has activities in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally.

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