Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Up 11.3% in July

Loblaw Companies Limited (OTCMKTS:LBLCF) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 671,800 shares, a growth of 11.3% from the June 30th total of 603,800 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 1,679.5 days.

Loblaw Companies Price Performance

Shares of LBLCF stock traded down $0.71 on Monday, hitting $121.38. The stock had a trading volume of 306 shares, compared to its average volume of 6,223. Loblaw Companies has a 1 year low of $78.00 and a 1 year high of $125.09. The company’s 50 day moving average price is $117.49 and its 200-day moving average price is $110.80.

Loblaw Companies Company Profile

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.