Short Interest in Loblaw Companies Limited (OTCMKTS:LBLCF) Decreases By 7.9%

Loblaw Companies Limited (OTCMKTS:LBLCF) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 498,200 shares, a drop of 7.9% from the December 15th total of 541,000 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 622.8 days.

Loblaw Companies Trading Up 2.0 %

LBLCF stock opened at $125.58 on Friday. The company has a 50 day simple moving average of $130.87 and a 200 day simple moving average of $127.64. Loblaw Companies has a 1 year low of $99.14 and a 1 year high of $137.53.

About Loblaw Companies

Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores.