Dollarama Inc. (OTCMKTS:DLMAF – Get Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 541,800 shares, a growth of 26.5% from the May 31st total of 428,400 shares. Based on an average daily trading volume, of 64,600 shares, the short-interest ratio is presently 8.4 days.
Analysts Set New Price Targets
A number of research analysts have weighed in on the company. BMO Capital Markets increased their target price on Dollarama from $124.00 to $133.00 and gave the company an “outperform” rating in a report on Monday, June 3rd. Stifel Nicolaus increased their target price on Dollarama from $110.00 to $125.00 and gave the company a “hold” rating in a report on Thursday, June 13th.
Check Out Our Latest Report on DLMAF
Dollarama Price Performance
About Dollarama
Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.
See Also
- Five stocks we like better than Dollarama
- Stock Analyst Ratings and Canadian Analyst Ratings
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- What is the Dow Jones Industrial Average (DJIA)?
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- 3 Monster Growth Stocks to Buy Now
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Receive News & Ratings for Dollarama Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollarama and related companies with MarketBeat.com's FREE daily email newsletter.