Dollarama Inc. (OTCMKTS:DLMAF) Sees Large Growth in Short Interest

Dollarama Inc. (OTCMKTS:DLMAF) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 2,862,600 shares, a growth of 81.7% from the October 31st total of 1,575,300 shares. Based on an average daily volume of 26,900 shares, the days-to-cover ratio is currently 106.4 days.

Dollarama Trading Up 0.2 %

Shares of OTCMKTS:DLMAF traded up $0.25 during midday trading on Thursday, reaching $102.40. The company had a trading volume of 1,337 shares, compared to its average volume of 24,337. Dollarama has a 1-year low of $67.34 and a 1-year high of $109.74. The company has a fifty day simple moving average of $103.54 and a two-hundred day simple moving average of $97.23.

About Dollarama

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.