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

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

Loblaw Companies Price Performance

Shares of LBLCF stock opened at $129.47 on Wednesday. Loblaw Companies has a twelve month low of $106.90 and a twelve month high of $137.53. The stock’s 50 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.