Short Interest in D2L Inc. (OTCMKTS:DTLIF) Drops By 13.8%

D2L Inc. (OTCMKTS:DTLIFGet Free Report) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 5,000 shares, a decline of 13.8% from the June 30th total of 5,800 shares. Based on an average trading volume of 5,300 shares, the days-to-cover ratio is presently 0.9 days.

D2L Stock Performance

Shares of DTLIF remained flat at C$9.45 during midday trading on Wednesday. 100 shares of the stock traded hands, compared to its average volume of 2,272. D2L has a 52 week low of C$4.96 and a 52 week high of C$9.45. The company’s fifty day simple moving average is C$7.90 and its 200 day simple moving average is C$7.49.

D2L Company Profile

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D2L Inc cloud-based learning software for higher education institutions, kindergarten to grade 12 schools and districts, and private sector enterprises in Canada, the United States, and rest of world. The company offers Brightspace, a cloud-based learning platform that designs as the doorway to an all-in-one learning ecosystem; Performance+, an advanced predictive analytics package that comprising advanced analytics dashboards, insights report builder, the student success system, and D2L Brightspace LeaP; Creator+, an authoring system helping educators with authoring tools, game-based learning, awards leaderboard, Brightspace capture, and course catalogue; and D2L Wave, a free-to-use workforce education marketplace that simplifies the search for skill-aligned courses and programs for employees, and streamlines the approval, registration, and payment administration workflows for employers.

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