Dundee Co. (OTCMKTS:DDEJF) Sees Significant Decrease in Short Interest

Dundee Co. (OTCMKTS:DDEJF) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totalling 4,000 shares, a decrease of 65.2% from the June 30th total of 11,500 shares. Based on an average daily trading volume, of 19,600 shares, the days-to-cover ratio is currently 0.2 days.

Dundee Stock Performance

Dundee stock traded up $0.03 during midday trading on Thursday, hitting $0.98. The stock had a trading volume of 5,200 shares, compared to its average volume of 20,566. Dundee has a 52-week low of $0.52 and a 52-week high of $1.04. The company has a market capitalization of $86.82 million, a PE ratio of -5.60 and a beta of 0.51. The firm’s fifty day moving average is $0.93 and its two-hundred day moving average is $0.81. The company has a current ratio of 43.19, a quick ratio of 43.19 and a debt-to-equity ratio of 0.08.

Dundee (OTCMKTS:DDEJF) last issued its quarterly earnings results on Monday, May 13th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $0.68 million during the quarter.

Dundee Company Profile

Dundee Corporation is a publicly owned investment manager. Through its operating subsidiaries, the firm is engaged in diverse business activities in the areas of investment advisory, corporate finance, energy, resources, agriculture, real estate and infrastructure. The Corporation also holds, directly and indirectly, a portfolio of investments mostly in these key areas, as well as other select investments in both publicly listed and private enterprises.