Aritzia Inc. (OTCMKTS:ATZAF) Short Interest Update

Aritzia Inc. (OTCMKTS:ATZAF) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 2,745,411 shares, an increase of 305.1% from the June 30th total of 677,632 shares. Based on an average daily volume of 120,459 shares, the short-interest ratio is presently 22.8 days.

Aritzia Stock Performance

Shares of ATZAF opened at $94.92 on Friday. Aritzia has a twelve month low of $51.34 and a twelve month high of $124.48. The firm’s 50-day moving average is $108.92 and its two-hundred day moving average is $96.66.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ATZAF shares. National Bank Financial assumed coverage on Aritzia in a report on Wednesday, April 8th. They issued an “outperform” rating on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Aritzia in a research note on Friday, May 8th. BMO Capital Markets reissued an “outperform” rating on shares of Aritzia in a report on Friday, July 10th. TD Securities restated a “buy” rating on shares of Aritzia in a research note on Friday, July 10th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Aritzia in a research report on Friday, July 10th. Eight investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Aritzia presently has a consensus rating of “Buy”.

Aritzia Company Profile

Aritzia Inc is a Canadian fashion retailer specializing in women’s apparel and accessories. Founded in 1984 by Brian Hill in Vancouver, British Columbia, the company has grown from a single boutique into a vertically integrated lifestyle brand. Aritzia designs, manufactures and markets a range of in-house labels, including TNA, Wilfred, Babaton and Super Puff, catering to a contemporary female clientele that values both trend-driven and timeless wardrobe essentials.

The company’s product assortment spans outerwear, knitwear, denim, suiting, activewear and accessories, with an emphasis on quality fabrics, fit and craftsmanship.