Cazoo Group Ltd (NYSE:CZOO) Short Interest Update

Cazoo Group Ltd (NYSE:CZOO) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 145,600 shares, a decrease of 57.7% from the March 31st total of 344,600 shares. Based on an average daily volume of 1,720,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 3.4% of the shares of the stock are short sold.

Institutional Trading of Cazoo Group

An institutional investor recently bought a new position in Cazoo Group stock. Cowen AND Company LLC acquired a new stake in Cazoo Group Ltd (NYSE:CZOO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 50,000 shares of the company’s stock, valued at approximately $27,000. Cowen AND Company LLC owned about 0.13% of Cazoo Group at the end of the most recent reporting period. Hedge funds and other institutional investors own 88.26% of the company’s stock.

Cazoo Group Price Performance

NYSE:CZOO traded up $0.94 during trading hours on Friday, reaching $11.89. 1,815,732 shares of the company traded hands, compared to its average volume of 2,806,109. The firm’s 50-day moving average is $6.55 and its 200-day moving average is $5.72. Cazoo Group has a 1-year low of $2.11 and a 1-year high of $207.00.

Cazoo Group Company Profile

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.