Short Interest in Loblaw Companies Limited (OTCMKTS:LBLCF) Rises By 20.0%

Loblaw Companies Limited (OTCMKTS:LBLCF) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,336,400 shares, a growth of 20.0% from the August 15th total of 1,113,900 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 1,214.9 days.

Loblaw Companies Stock Performance

OTCMKTS LBLCF remained flat at $132.60 on Tuesday. The company’s stock had a trading volume of 30 shares, compared to its average volume of 5,583. Loblaw Companies has a 1-year low of $78.00 and a 1-year high of $132.60. The firm’s 50-day simple moving average is $124.66 and its 200-day simple moving average is $116.96.

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.