Short Interest in Dorel Industries Inc. (OTCMKTS:DIIBF) Grows By 6.8%

Dorel Industries Inc. (OTCMKTS:DIIBF) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 93,700 shares, an increase of 6.8% from the May 31st total of 87,700 shares. Based on an average daily trading volume, of 7,500 shares, the days-to-cover ratio is presently 12.5 days.

Dorel Industries Trading Up 0.2 %

DIIBF opened at $5.10 on Thursday. Dorel Industries has a twelve month low of $3.29 and a twelve month high of $5.52. The company has a quick ratio of 0.65, a current ratio of 1.48 and a debt-to-equity ratio of 1.13. The company has a fifty day moving average of $4.83 and a 200-day moving average of $4.77. The stock has a market cap of $166.11 million, a PE ratio of -3.42 and a beta of 2.75.

Dorel Industries (OTCMKTS:DIIBF) last posted its quarterly earnings data on Friday, May 10th. The company reported ($0.52) earnings per share for the quarter. Dorel Industries had a negative return on equity of 19.59% and a negative net margin of 3.44%. The firm had revenue of $351.07 million for the quarter.

About Dorel Industries

Dorel Industries Inc engages in the design, manufacture, sourcing, marketing, and distribution of home and juvenile products worldwide. The company operates through Dorel Home and Dorel Juvenile segments. The Dorel Home segment offers ready-to assemble furniture and home furnishings products, including metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.