OVH Groupe S.A. (OTCMKTS:OVHFF) Sees Significant Drop in Short Interest

OVH Groupe S.A. (OTCMKTS:OVHFF) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 2,816 shares, a decline of 75.0% from the May 31st total of 11,254 shares. Based on an average daily trading volume, of 609 shares, the short-interest ratio is presently 4.6 days.

OVH Groupe Stock Performance

Shares of OVHFF remained flat at $15.41 during mid-day trading on Friday. The firm has a 50-day moving average of $15.56 and a two-hundred day moving average of $11.90. OVH Groupe has a 52 week low of $8.34 and a 52 week high of $19.60.

OVH Groupe Company Profile

OVH Groupe SA provides public and private cloud, shared hosting, and dedicated server products and solutions worldwide. The company operates through three segments: Private Cloud, Public Cloud, and Web Cloud & Other. It offers Bare Metal Cloud that provides dedicated servers; Hosted Private Cloud, which offers servers fully managed by OVHcloud, such as operating system and the virtualisation layer; Public Cloud that provides cloud computing services on shared servers; and web cloud services. The company also offers website hosting, domain name registration, telephony, and internet access services, as well as voice over internet protocol solutions.