Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Update

Loblaw Companies Limited (OTCMKTS:LBLCF) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,008,900 shares, a growth of 6.2% from the March 15th total of 949,700 shares. Based on an average daily trading volume, of 18,200 shares, the short-interest ratio is currently 55.4 days.

Loblaw Companies Stock Performance

Shares of LBLCF stock opened at $107.65 on Thursday. The company’s 50 day moving average price is $107.78 and its two-hundred day moving average price is $96.78. Loblaw Companies has a 52 week low of $78.00 and a 52 week high of $112.76.

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.