Dr. Martens plc (OTCMKTS:DOCMF) Sees Large Drop in Short Interest

Dr. Martens plc (OTCMKTS:DOCMF) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 222,900 shares, a decline of 56.8% from the October 31st total of 515,800 shares. Based on an average daily volume of 33,600 shares, the days-to-cover ratio is presently 6.6 days.

Dr. Martens Stock Performance

OTCMKTS DOCMF traded down $0.01 during trading hours on Thursday, hitting $0.76. 3,400 shares of the company’s stock traded hands, compared to its average volume of 32,420. Dr. Martens has a 52 week low of $0.69 and a 52 week high of $1.50. The business’s fifty day moving average price is $0.73 and its two-hundred day moving average price is $0.89.

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.