Dr. Martens plc (OTCMKTS:DOCMF) Sees Significant Decrease in Short Interest

Dr. Martens plc (OTCMKTS:DOCMF) was the target of a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 725,600 shares, a drop of 7.5% from the July 31st total of 784,300 shares. Based on an average daily trading volume, of 31,600 shares, the short-interest ratio is presently 23.0 days.

Dr. Martens Stock Performance

OTCMKTS DOCMF traded up $0.00 during trading hours on Monday, reaching $0.93. 2,700 shares of the company were exchanged, compared to its average volume of 28,650. Dr. Martens has a 1 year low of $0.77 and a 1 year high of $2.03. The business’s 50 day simple moving average is $0.94 and its 200-day simple moving average is $1.04.

Dr. Martens Company Profile

Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It offers originals, fusion, kids, and casual, as well as accessories. The company offers its products under the Dr. Martens brand name. Dr. Martens plc was founded in 1945 and is based in London, the United Kingdom.