George Weston Limited (OTCMKTS:WNGRF) Sees Large Increase in Short Interest

George Weston Limited (OTCMKTS:WNGRF) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 494,500 shares, an increase of 16.3% from the August 15th total of 425,200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 989.0 days.

George Weston Trading Up 0.4 %

Shares of WNGRF stock opened at $167.41 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.72 and a current ratio of 1.26. The company has a market capitalization of $22.05 billion, a price-to-earnings ratio of 23.95 and a beta of 0.57. George Weston has a 52-week low of $100.11 and a 52-week high of $167.55. The company has a 50-day simple moving average of $155.56 and a two-hundred day simple moving average of $143.10.

George Weston (OTCMKTS:WNGRF) last released its earnings results on Tuesday, July 30th. The company reported $2.14 earnings per share (EPS) for the quarter. The company had revenue of $10.30 billion during the quarter. George Weston had a return on equity of 11.44% and a net margin of 2.04%.

George Weston Company Profile

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.