Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) Short Interest Update

Doman Building Materials Group Ltd. (OTCMKTS:CWXZF) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 833,500 shares, a decline of 26.9% from the May 15th total of 1,140,600 shares. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is currently 92.6 days.

Analyst Upgrades and Downgrades

Several analysts recently commented on CWXZF shares. National Bankshares restated an “outperform” rating on shares of Doman Building Materials Group in a research report on Monday, May 12th. TD Securities initiated coverage on Doman Building Materials Group in a research note on Tuesday, March 25th. They issued a “buy” rating for the company. Finally, CIBC reissued a “neutral” rating on shares of Doman Building Materials Group in a report on Tuesday, May 13th.

Doman Building Materials Group Price Performance

Doman Building Materials Group stock opened at $6.26 on Thursday. The company’s 50-day moving average price is $5.65 and its two-hundred day moving average price is $5.54. Doman Building Materials Group has a 52 week low of $4.50 and a 52 week high of $7.16.

About Doman Building Materials Group

Doman Building Materials Group Ltd., through its subsidiaries, engages in the wholesale distribution of building materials and home renovation products in the United States and Canada. The company offers treated wood; siding and trim; decking and aluminum railing; engineered wood products; roofing products; insulation and wrap products; and lumber and plywood products.