Short Interest in Loblaw Companies Limited (OTCMKTS:LBLCF) Grows By 21.4%

Loblaw Companies Limited (OTCMKTS:LBLCF) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 815,500 shares, an increase of 21.4% from the July 15th total of 671,800 shares. Based on an average daily volume of 4,700 shares, the short-interest ratio is presently 173.5 days.

Loblaw Companies Price Performance

Shares of LBLCF stock remained flat at $122.32 on Friday. The stock had a trading volume of 220 shares, compared to its average volume of 6,149. Loblaw Companies has a 52 week low of $78.00 and a 52 week high of $125.09. The business has a fifty day moving average of $119.48 and a 200-day moving average of $112.93.

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.