George Weston Limited (OTCMKTS:WNGRF) Short Interest Down 33.7% in January

George Weston Limited (OTCMKTS:WNGRF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 128,200 shares, a decrease of 33.7% from the December 31st total of 193,400 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 427.3 days.

Analysts Set New Price Targets

A number of brokerages recently weighed in on WNGRF. Scotiabank raised shares of George Weston from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Cibc World Mkts raised George Weston to a “strong-buy” rating in a research note on Wednesday, November 20th.

George Weston Stock Performance

OTCMKTS WNGRF opened at $152.33 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.32 and a debt-to-equity ratio of 1.08. George Weston has a 52 week low of $124.99 and a 52 week high of $167.55. The business has a 50 day moving average price of $157.27 and a 200-day moving average price of $158.87. The company has a market cap of $19.81 billion, a price-to-earnings ratio of 18.35 and a beta of 0.57.

About George Weston

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.