D2L Inc. (OTCMKTS:DTLIF) Sees Large Increase in Short Interest

D2L Inc. (OTCMKTS:DTLIF) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 115,900 shares, an increase of 2,046.3% from the March 31st total of 5,400 shares. Based on an average daily trading volume, of 2,900 shares, the days-to-cover ratio is currently 40.0 days.

D2L Stock Performance

D2L stock opened at C$6.25 on Friday. D2L has a 52 week low of C$4.86 and a 52 week high of C$8.32. The firm’s 50-day simple moving average is C$7.61 and its 200 day simple moving average is C$6.89.

About D2L

D2L Inc cloud-based learning software for higher education institutions, kindergarten to grade 12 schools and districts, and private sector enterprises in Canada, the United States, and rest of world. The company offers Brightspace, a cloud-based learning platform that designs as the doorway to an all-in-one learning ecosystem; Performance+, an advanced predictive analytics package that comprising advanced analytics dashboards, insights report builder, the student success system, and D2L Brightspace LeaP; Creator+, an authoring system helping educators with authoring tools, game-based learning, awards leaderboard, Brightspace capture, and course catalogue; and D2L Wave, a free-to-use workforce education marketplace that simplifies the search for skill-aligned courses and programs for employees, and streamlines the approval, registration, and payment administration workflows for employers.