George Weston Limited (OTCMKTS:WNGRF) Short Interest Down 15.5% in November

George Weston Limited (OTCMKTS:WNGRF) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 277,000 shares, a decrease of 15.5% from the October 31st total of 328,000 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 184.7 days.

Analysts Set New Price Targets

Separately, Cibc World Mkts upgraded shares of George Weston to a “strong-buy” rating in a research report on Wednesday, November 20th.

George Weston Stock Performance

Shares of OTCMKTS WNGRF opened at $157.83 on Friday. The stock’s fifty day simple moving average is $161.89 and its 200 day simple moving average is $154.34. The stock has a market capitalization of $20.60 billion, a price-to-earnings ratio of 19.02 and a beta of 0.58. The company has a quick ratio of 0.72, a current ratio of 1.26 and a debt-to-equity ratio of 0.96. George Weston has a 52-week low of $117.44 and a 52-week high of $167.55.

About George Weston

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.