Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Up 28.5% in May

Loblaw Companies Limited (OTCMKTS:LBLCF) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 582,300 shares, an increase of 28.5% from the May 15th total of 453,000 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is presently 84.4 days.

Loblaw Companies Stock Down 1.2%

Shares of LBLCF stock traded down $1.96 on Tuesday, hitting $161.38. 554 shares of the stock traded hands, compared to its average volume of 14,009. Loblaw Companies has a 52 week low of $111.72 and a 52 week high of $168.93. The firm has a 50 day simple moving average of $158.54 and a two-hundred day simple moving average of $140.74.

Loblaw Companies Company Profile

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.