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

Dollarama Inc. (OTCMKTS:DLMAF) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 2,862,600 shares, a growth of 81.7% from the October 31st total of 1,575,300 shares. Based on an average daily trading volume, of 26,900 shares, the days-to-cover ratio is currently 106.4 days.

Dollarama Trading Up 0.2 %

DLMAF stock traded up $0.25 during trading hours on Thursday, hitting $102.40. 1,337 shares of the stock traded hands, compared to its average volume of 24,337. The stock has a 50-day simple moving average of $103.54 and a 200 day simple moving average of $97.23. Dollarama has a one year low of $67.34 and a one year high of $109.74.

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.