The SPAR Group Ltd (OTCMKTS:SGPPF) Sees Large Increase in Short Interest

The SPAR Group Ltd (OTCMKTS:SGPPF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 114,564 shares, an increase of 22.7% from the March 31st total of 93,358 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

The SPAR Group Price Performance

OTCMKTS SGPPF remained flat at C$3.87 during trading on Friday. The SPAR Group has a twelve month low of C$3.87 and a twelve month high of C$6.20. The stock’s fifty day simple moving average is C$4.27 and its two-hundred day simple moving average is C$5.32.

The SPAR Group Company Profile

The SPAR Group (OTCMKTS:SGPPF) is a Philadelphia‐based retail merchandising and marketing services provider specializing in the consumer goods sector. The company partners with manufacturers, distributors and retailers to execute in‐store programs designed to enhance product visibility, improve shelf compliance and drive sales. SPAR Group’s core offerings include retail merchandising, promotional display installation, retail audits, inventory management, product sampling and point‐of‐sale program management.

Operating through a network of field representatives and project managers, SPAR Group serves a broad range of retail channels, including grocery, drug, convenience, mass merchandisers and club stores.