Short Interest in Loblaw Companies Limited (OTCMKTS:LBLCF) Increases By 41.2%

Loblaw Companies Limited (OTCMKTS:LBLCF) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 811,700 shares, an increase of 41.2% from the February 28th total of 574,700 shares. Based on an average daily trading volume, of 9,800 shares, the days-to-cover ratio is currently 82.8 days.

Loblaw Companies Price Performance

OTCMKTS LBLCF traded up $0.66 on Tuesday, reaching $141.51. The company’s stock had a trading volume of 16,030 shares, compared to its average volume of 10,069. The firm’s 50 day moving average is $129.25 and its two-hundred day moving average is $129.52. Loblaw Companies has a twelve month low of $106.90 and a twelve month high of $142.60.

Loblaw Companies Company Profile

Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores.