Loblaw Companies Limited (OTCMKTS:LBLCF) Short Interest Down 7.9% in December

Loblaw Companies Limited (OTCMKTS:LBLCF) was the target 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 trading volume of 800 shares, the days-to-cover ratio is currently 622.8 days.

Loblaw Companies Stock Performance

LBLCF opened at $125.58 on Monday. The company’s 50-day simple moving average is $130.87 and its two-hundred day simple moving average is $127.71. Loblaw Companies has a 52-week low of $99.14 and a 52-week high of $137.53.

Loblaw Companies Company Profile

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.