Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Update

Loblaw Companies Limited (OTCMKTS:LBLCF) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 484,200 shares, a drop of 61.0% from the September 15th total of 1,242,000 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 2,421.0 days.

Loblaw Companies Price Performance

LBLCF stock remained flat at $128.92 during trading on Friday. 18 shares of the company traded hands, compared to its average volume of 5,092. The stock’s 50-day moving average price is $127.03 and its two-hundred day moving average price is $119.18. Loblaw Companies has a 12 month low of $78.00 and a 12 month high of $133.27.

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.