Short Interest in Loblaw Companies Limited (OTCMKTS:LBLCF) Grows By 29.3%

Loblaw Companies Limited (OTCMKTS:LBLCF) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 574,700 shares, an increase of 29.3% from the February 13th total of 444,500 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is currently 59.2 days.

Loblaw Companies Stock Down 0.8 %

OTCMKTS LBLCF traded down $1.08 during trading hours on Monday, reaching $128.64. The company’s stock had a trading volume of 6,751 shares, compared to its average volume of 6,928. The firm’s 50-day moving average price is $127.52 and its 200-day moving average price is $129.10. Loblaw Companies has a 1 year low of $106.90 and a 1 year high of $137.53.

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.