Cazoo Group Ltd (NYSE:CZOO) Short Interest Update

Cazoo Group Ltd (NYSE:CZOOGet Free Report) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 48,200 shares, an increase of 588.6% from the January 15th total of 7,000 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 51,200 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of Cazoo Group

Several institutional investors have recently modified their holdings of CZOO. Cowen AND Company LLC acquired a new stake in Cazoo Group during the third quarter worth approximately $27,000. JPMorgan Chase & Co. increased its stake in shares of Cazoo Group by 270.4% in the 1st quarter. JPMorgan Chase & Co. now owns 12,689 shares of the company’s stock valued at $32,000 after acquiring an additional 9,263 shares in the last quarter. Susquehanna International Group LLP bought a new position in Cazoo Group during the first quarter worth $42,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Cazoo Group in the second quarter worth $47,000. Finally, Royal Bank of Canada increased its stake in Cazoo Group by 2,930.8% in the first quarter. Royal Bank of Canada now owns 18,094 shares of the company’s stock valued at $50,000 after purchasing an additional 17,497 shares in the last quarter. Institutional investors own 46.30% of the company’s stock.

Cazoo Group Price Performance

Shares of NYSE:CZOO opened at $5.10 on Tuesday. The firm has a 50 day simple moving average of $9.00 and a 200 day simple moving average of $3.65. Cazoo Group has a one year low of $3.72 and a one year high of $350.00.

About Cazoo Group

(Get Free Report)

Cazoo Group Ltd operates as an online car retailer in the United Kingdom and rest of Europe. It allows consumers to purchase, finance, and subscribe to a car through online for delivery or collection. Cazoo Group Ltd was founded in 2018 and is headquartered in London, the United Kingdom. Cazoo Group Ltd is a subsidiary of Cazoo Holdings Limited.

Further Reading

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