Loblaw Companies Limited (OTCMKTS:LBLCF) Sees Significant Decline in Short Interest

Loblaw Companies Limited (OTCMKTS:LBLCF) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 444,500 shares, a decline of 13.6% from the January 31st total of 514,600 shares. Based on an average daily trading volume, of 14,500 shares, the short-interest ratio is currently 30.7 days.

Loblaw Companies Stock Down 1.5 %

LBLCF opened at $126.41 on Wednesday. The stock has a 50-day moving average price of $127.88 and a 200-day moving average price of $128.78. Loblaw Companies has a 1 year low of $105.91 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.