Roots Co. (OTCMKTS:RROTF) Sees Large Growth in Short Interest

Roots Co. (OTCMKTS:RROTFGet Free Report) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 5,800 shares, a growth of 728.6% from the November 15th total of 700 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is presently 1.8 days.

Roots Stock Performance

Shares of RROTF remained flat at $1.44 during midday trading on Wednesday. The stock has a 50-day moving average price of $1.49 and a 200-day moving average price of $1.61. Roots has a fifty-two week low of $1.17 and a fifty-two week high of $2.02.

Roots Company Profile

(Get Free Report)

Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.

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