Short Interest in THG Plc (OTCMKTS:THGPF) Drops By 60.8%

THG Plc (OTCMKTS:THGPFGet Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 2,588,763 shares, a decrease of 60.8% from the June 15th total of 6,610,280 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

THG Price Performance

OTCMKTS THGPF opened at C$0.47 on Monday. The firm’s fifty day moving average price is C$0.47 and its 200 day moving average price is C$0.47. THG has a 12 month low of C$0.34 and a 12 month high of C$0.47.

About THG

(Get Free Report)

THG plc, formerly known as The Hut Group, is a global e-commerce and technology business specializing in health, beauty and lifestyle products. The company operates a diversified portfolio of direct-to-consumer brands across categories such as skincare, nutrition, fitness and wellness. In addition to its own brands, THG partners with third-party brands and retailers, offering end-to-end solutions for product development, digital marketing and customer engagement.

At the core of THG’s operations is its proprietary Ingenuity platform, which provides a suite of technology and logistics services.

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