Dr. Martens plc (OTCMKTS:DOCMF) Sees Large Increase in Short Interest

Dr. Martens plc (OTCMKTS:DOCMFGet Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 295,221 shares, a growth of 90.2% from the June 15th total of 155,201 shares. Based on an average daily trading volume, of 3,165 shares, the days-to-cover ratio is currently 93.3 days.

Dr. Martens Price Performance

DOCMF stock opened at $1.03 on Thursday. Dr. Martens has a 1 year low of $0.81 and a 1 year high of $1.35. The firm has a 50-day moving average of $0.95 and a 200 day moving average of $0.93.

About Dr. Martens

(Get Free Report)

Dr. Martens, traded on the OTCMKTS as DOCMF, is a global footwear and fashion brand best known for its iconic leather boots and shoes. Founded in 1947 by German engineer Klaus Märtens, the company has built a reputation for durable, air-cushioned soles and distinctive yellow stitching. Over the decades, Dr. Martens has expanded its product line to include a wide range of footwear styles, leather jackets, apparel and accessories, all designed to reflect its heritage of rebellious youth culture and practical functionality.

The company’s core business activities span design, manufacturing and marketing.

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