Dominos Pizza UK (OTCMKTS:DPUKY) Short Interest Up 742.8% in December

Dominos Pizza UK (OTCMKTS:DPUKY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 14,833 shares, a growth of 742.8% from the November 30th total of 1,760 shares. Based on an average trading volume of 21,927 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 21,927 shares, the short-interest ratio is presently 0.7 days.

Analysts Set New Price Targets

Separately, Peel Hunt upgraded Dominos Pizza UK to a “strong-buy” rating in a research report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Dominos Pizza UK Price Performance

Shares of OTCMKTS:DPUKY traded up $0.04 during mid-day trading on Wednesday, reaching $4.72. 1,430 shares of the company’s stock were exchanged, compared to its average volume of 9,278. Dominos Pizza UK has a twelve month low of $4.43 and a twelve month high of $8.07. The business’s fifty day moving average price is $4.83 and its 200-day moving average price is $5.65.

Dominos Pizza UK declared that its Board of Directors has initiated a stock buyback program on Monday, September 1st that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

About Dominos Pizza UK

Dominos Pizza UK (OTCMKTS:DPUKY) is the American depositary receipt (ADR) of Domino’s Pizza Group plc, the master franchisee responsible for the development and operation of Domino’s branded pizza delivery and carry-out restaurants across the United Kingdom and Ireland. Since opening its first store in Lutterworth, Leicestershire in 1993, the business has grown from a single outlet to one of the largest pizza delivery networks in Europe, leveraging the global Domino’s brand under licence from Domino’s Pizza, Inc

The company’s primary activities encompass the franchising, corporate operation and supply of pizza restaurants, supported by regional supply chain facilities that provide dough, sauces and other ingredients to every store.