The North West Company Inc. (OTCMKTS:NNWWF) Sees Significant Drop in Short Interest

The North West Company Inc. (OTCMKTS:NNWWF) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 248,900 shares, a decrease of 31.5% from the November 15th total of 363,400 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is currently 41.5 days.

North West Stock Performance

NNWWF remained flat at $36.63 during trading on Friday. 107 shares of the company’s stock traded hands, compared to its average volume of 2,143. North West has a fifty-two week low of $27.89 and a fifty-two week high of $39.58. The stock has a 50 day moving average price of $38.09 and a 200 day moving average price of $33.80.

North West Company Profile

The North West Company Inc, through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The company operates Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh food products, apparel, and health products and services; and Quickstop convenience stores that provides ready-to-eat food products, and fuel and related services.