Pick n Pay Stores Limited (OTCMKTS:PKPYY) Sees Large Decline in Short Interest

Pick n Pay Stores Limited (OTCMKTS:PKPYYGet Free Report) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 15 shares, a decrease of 95.2% from the May 31st total of 315 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Pick n Pay Stores Stock Performance

Pick n Pay Stores stock remained flat at $6.10 on Friday. Pick n Pay Stores has a twelve month low of $6.10 and a twelve month high of $6.85. The company has a fifty day moving average price of $6.89 and a 200-day moving average price of $7.29.

Pick n Pay Stores Company Profile

(Get Free Report)

Pick n Pay Stores Limited (OTCMKTS:PKPYY) is a leading South African retail grocery chain offering a broad range of food, household and general merchandise products. Headquartered in Cape Town, the company operates company-owned and franchise stores under various formats, including hypermarkets, supermarkets, convenience outlets and an online retail platform. Pick n Pay’s operations are supported by a central distribution network and loyalty programme, which together help maintain product availability and foster customer retention.

The company’s product portfolio spans fresh produce, meat and seafood, bakery goods, pantry staples, non-food household items and selected apparel.

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