High Liner Foods Incorporated (OTCMKTS:HLNFF) Short Interest Up 46.4% in May

High Liner Foods Incorporated (OTCMKTS:HLNFF) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 26,800 shares, a growth of 46.4% from the May 15th total of 18,300 shares. Based on an average trading volume of 9,500 shares, the short-interest ratio is currently 2.8 days.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on HLNFF shares. BMO Capital Markets restated a “market perform” rating on shares of High Liner Foods in a research note on Thursday, May 15th. Royal Bank of Canada started coverage on High Liner Foods in a research note on Friday, May 23rd. They set a “sector perform” rating on the stock.

High Liner Foods Stock Performance

HLNFF stock remained flat at $13.81 during mid-day trading on Monday. The company’s stock had a trading volume of 400 shares, compared to its average volume of 3,824. High Liner Foods has a 1-year low of $9.16 and a 1-year high of $13.81. The business’s 50 day moving average price is $12.53 and its 200 day moving average price is $11.54.

About High Liner Foods

High Liner Foods Incorporated processes and markets frozen seafood products in North America. It provides a range of frozen seafood products, including raw fillets and shellfish, and cooked shellfish; and value-added products, such as sauced, glazed, breaded and battered seafood, seafood entrees, and breaded cheese sticks under High Liner, Fisher Boy, Sea Cuisine, C.