The North West Company Inc. (OTCMKTS:NNWWF) Short Interest Up 20.6% in June

The North West Company Inc. (OTCMKTS:NNWWF) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 226,500 shares, an increase of 20.6% from the May 31st total of 187,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2,265.0 days.

North West Stock Performance

Shares of OTCMKTS NNWWF traded up $1.03 during trading hours on Tuesday, hitting $29.70. 473 shares of the company traded hands, compared to its average volume of 1,004. North West has a 12 month low of $21.99 and a 12 month high of $30.30. The company’s 50 day moving average price is $28.52 and its 200 day moving average price is $28.93.

North West Company Profile

The North West Company Inc, through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The Canadian operations comprises Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh foods, apparel, and health products and services; Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; Giant Tiger junior discount stores, which offers family fashion, household products, and food; Valu Lots discount center and direct-to-customer food distribution outlet; solo market, a store in remote market; Pharmacy and Convenience stores; and North West Company motorsports dealership offering sales, service, parts and accessories for Ski-doo, Honda, Can-am and other premier brands.