George Weston Limited (OTCMKTS:WNGRF) Sees Significant Increase in Short Interest

George Weston Limited (OTCMKTS:WNGRF) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 494,500 shares, an increase of 16.3% from the August 15th total of 425,200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 989.0 days.

George Weston Price Performance

OTCMKTS WNGRF opened at $167.04 on Tuesday. The company has a market cap of $22.14 billion, a P/E ratio of 23.90 and a beta of 0.57. The company has a current ratio of 1.26, a quick ratio of 0.72 and a debt-to-equity ratio of 0.96. George Weston has a 1 year low of $100.11 and a 1 year high of $167.55. The company has a fifty day simple moving average of $155.90 and a 200 day simple moving average of $143.36.

George Weston (OTCMKTS:WNGRF) last released its earnings results on Tuesday, July 30th. The company reported $2.14 earnings per share (EPS) for the quarter. The firm had revenue of $10.30 billion for the quarter. George Weston had a return on equity of 11.44% and a net margin of 2.04%.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.