Dollarama Inc. (OTCMKTS:DLMAF) Sees Significant Growth in Short Interest

Dollarama Inc. (OTCMKTS:DLMAF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,933,400 shares, a growth of 12.3% from the November 30th total of 2,611,700 shares. Based on an average daily trading volume, of 89,100 shares, the days-to-cover ratio is currently 32.9 days.

Dollarama Stock Performance

DLMAF stock remained flat at $96.49 during trading on Wednesday. The company’s stock had a trading volume of 1,919 shares, compared to its average volume of 28,066. The firm’s 50-day simple moving average is $102.22 and its 200 day simple moving average is $98.81. Dollarama has a 1 year low of $70.48 and a 1 year high of $109.74.

About Dollarama

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.