George Weston Limited (OTCMKTS:WNGRF) Sees Large Drop in Short Interest

George Weston Limited (OTCMKTS:WNGRF) was the target of a large decline in short interest in September. As of September 30th, there was short interest totalling 280,600 shares, a decline of 40.9% from the September 15th total of 474,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 2,806.0 days.

George Weston Stock Performance

George Weston stock opened at $162.09 on Friday. The stock’s 50 day simple moving average is $161.13 and its two-hundred day simple moving average is $147.71. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.72 and a current ratio of 1.26. The stock has a market cap of $21.24 billion, a price-to-earnings ratio of 24.86 and a beta of 0.57. George Weston has a fifty-two week low of $100.11 and a fifty-two week high of $167.55.

George Weston (OTCMKTS:WNGRF) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $2.14 EPS for the quarter. George Weston had a return on equity of 11.44% and a net margin of 2.04%. The firm had revenue of $10.30 billion for the quarter.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.