Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Update

Loblaw Companies Limited (OTCMKTS:LBLCF) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totalling 498,200 shares, a decrease of 7.9% from the December 15th total of 541,000 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 622.8 days.

Loblaw Companies Price Performance

Shares of OTCMKTS:LBLCF opened at $125.58 on Friday. The business’s 50 day simple moving average is $130.87 and its 200 day simple moving average is $127.64. Loblaw Companies has a 1 year low of $99.14 and a 1 year high of $137.53.

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.