Diversified Royalty Corp. (OTCMKTS:BEVFF) Sees Significant Decline in Short Interest

Diversified Royalty Corp. (OTCMKTS:BEVFF) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 543,800 shares, a drop of 7.9% from the November 15th total of 590,300 shares. Based on an average trading volume of 6,700 shares, the short-interest ratio is presently 81.2 days.

Diversified Royalty Price Performance

BEVFF stock opened at $1.99 on Wednesday. The business’s 50-day moving average is $2.15 and its two-hundred day moving average is $2.09. The company has a debt-to-equity ratio of 0.91, a current ratio of 4.28 and a quick ratio of 4.28. The firm has a market capitalization of $330.53 million, a P/E ratio of 13.27 and a beta of 1.27. Diversified Royalty has a 1 year low of $1.84 and a 1 year high of $2.25.

About Diversified Royalty

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.