Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Update

Loblaw Companies Limited (OTCMKTS:LBLCF) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 1,336,400 shares, a growth of 20.0% from the August 15th total of 1,113,900 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 1,214.9 days.

Loblaw Companies Stock Performance

OTCMKTS LBLCF remained flat at $132.60 during mid-day trading on Tuesday. The company had a trading volume of 30 shares, compared to its average volume of 5,583. Loblaw Companies has a 1 year low of $78.00 and a 1 year high of $132.60. The stock’s fifty day moving average is $124.66 and its 200 day moving average is $116.96.

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.