JB Hi-Fi Limited (OTCMKTS:JBHIF) Sees Significant Growth in Short Interest

JB Hi-Fi Limited (OTCMKTS:JBHIF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 374,000 shares, a growth of 19.0% from the February 28th total of 314,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 3,740.0 days.

JB Hi-Fi Stock Performance

Shares of JB Hi-Fi stock opened at C$56.58 on Wednesday. The company’s 50 day moving average price is C$59.22 and its two-hundred day moving average price is C$55.31. JB Hi-Fi has a fifty-two week low of C$56.58 and a fifty-two week high of C$63.55.

JB Hi-Fi Company Profile

JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It provides computers, such as laptops, desktop PCs, iPads, tablets, eBook readers, monitors and projectors, printers and ink, storage devices, keyboards and mouse, computer accessories, as well as software, and home internet and wi-fi products; televisions; headphones, speakers, and audio devices; and smart home appliances.