Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Up 41.2% in March

Loblaw Companies Limited (OTCMKTS:LBLCF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 811,700 shares, a growth of 41.2% from the February 28th total of 574,700 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is currently 82.8 days.

Loblaw Companies Stock Up 2.4 %

Shares of LBLCF stock traded up $3.29 on Monday, hitting $140.85. The company’s stock had a trading volume of 20,901 shares, compared to its average volume of 10,172. Loblaw Companies has a fifty-two week low of $106.90 and a fifty-two week high of $141.23. The firm’s fifty day moving average price is $129.25 and its 200-day moving average price is $129.52.

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.