Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Up 29.3% in February

Loblaw Companies Limited (OTCMKTS:LBLCF) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 574,700 shares, an increase of 29.3% from the February 13th total of 444,500 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 59.2 days.

Loblaw Companies Stock Performance

LBLCF stock opened at $129.47 on Wednesday. Loblaw Companies has a 52-week low of $106.90 and a 52-week high of $137.53. The stock’s fifty day simple moving average is $127.39 and its 200-day simple moving average is $129.10.

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.