Dorel Industries Inc. (OTCMKTS:DIIBF) Short Interest Up 6.8% in June

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

Dorel Industries Price Performance

OTCMKTS:DIIBF traded up $0.36 during mid-day trading on Tuesday, hitting $5.18. 1,185 shares of the company’s stock were exchanged, compared to its average volume of 2,482. Dorel Industries has a one year low of $3.29 and a one year high of $5.52. The company has a current ratio of 1.48, a quick ratio of 0.65 and a debt-to-equity ratio of 1.13. The business has a fifty day moving average price of $4.81 and a 200 day moving average price of $4.76.

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

Dorel Industries Company Profile

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.