Dollarama Inc. (OTCMKTS:DLMAF) Sees Significant Growth in Short Interest

Dollarama Inc. (OTCMKTS:DLMAF) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 1,312,400 shares, an increase of 21.6% from the September 15th total of 1,079,700 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is currently 690.7 days.

Dollarama Price Performance

OTCMKTS:DLMAF traded up $2.47 during trading hours on Monday, reaching $104.72. 1,200 shares of the company traded hands, compared to its average volume of 25,619. The firm’s 50-day moving average is $98.70 and its 200-day moving average is $92.06. Dollarama has a 1-year low of $67.34 and a 1-year high of $104.72.

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.