Short Interest in George Weston Limited (OTCMKTS:WNGRF) Decreases By 22.8%

George Weston Limited (OTCMKTS:WNGRF) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 216,700 shares, a drop of 22.8% from the September 30th total of 280,600 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 270.9 days.

George Weston Stock Performance

Shares of WNGRF opened at $159.18 on Friday. The company has a market cap of $20.86 billion, a PE ratio of 24.41 and a beta of 0.57. The company has a current ratio of 1.26, a quick ratio of 0.72 and a debt-to-equity ratio of 0.96. The stock has a 50-day moving average price of $162.98 and a 200-day moving average price of $149.59. George Weston has a 12-month low of $100.11 and a 12-month high of $167.55.

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

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.