Loblaw Companies Limited (OTCMKTS:LBLCF) Sees Significant Increase in Short Interest

Loblaw Companies Limited (OTCMKTS:LBLCF) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 811,700 shares, an increase of 41.2% from the February 28th total of 574,700 shares. Based on an average daily volume of 9,800 shares, the short-interest ratio is presently 82.8 days.

Loblaw Companies Trading Up 2.4 %

Shares of OTCMKTS:LBLCF traded up $3.29 during trading on Monday, reaching $140.85. The stock had a trading volume of 20,901 shares, compared to its average volume of 10,172. The stock has a fifty day simple moving average of $129.25 and a two-hundred day simple moving average of $129.52. Loblaw Companies has a 52 week low of $106.90 and a 52 week high of $141.23.

About Loblaw Companies

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.