Dominos Pizza UK (OTCMKTS:DPUKY – Get Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 14,833 shares, an increase of 742.8% from the November 30th total of 1,760 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 21,927 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 21,927 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the shares of the company are sold short.
Analyst Ratings Changes
Separately, Peel Hunt upgraded Dominos Pizza UK to a “strong-buy” rating in a research report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.
Read Our Latest Research Report on DPUKY
Dominos Pizza UK Stock Up 0.9%
Dominos Pizza UK announced that its board has authorized a share repurchase program on Monday, September 1st that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.
About Dominos Pizza UK
Dominos Pizza UK (OTCMKTS:DPUKY) is the American depositary receipt (ADR) of Domino’s Pizza Group plc, the master franchisee responsible for the development and operation of Domino’s branded pizza delivery and carry-out restaurants across the United Kingdom and Ireland. Since opening its first store in Lutterworth, Leicestershire in 1993, the business has grown from a single outlet to one of the largest pizza delivery networks in Europe, leveraging the global Domino’s brand under licence from Domino’s Pizza, Inc
The company’s primary activities encompass the franchising, corporate operation and supply of pizza restaurants, supported by regional supply chain facilities that provide dough, sauces and other ingredients to every store.
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