Short Interest in Loblaw Companies Limited (OTCMKTS:LBLCF) Expands 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 trading volume of 1,100 shares, the days-to-cover ratio is currently 1,214.9 days.

Loblaw Companies Price Performance

Shares of OTCMKTS LBLCF remained flat at $132.60 during trading on Tuesday. The stock had a trading volume of 30 shares, compared to its average volume of 5,583. The company’s 50-day moving average is $124.66 and its two-hundred day moving average is $116.96. Loblaw Companies has a fifty-two week low of $78.00 and a fifty-two week high of $132.60.

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.