Dollarama Inc. (OTCMKTS:DLMAF) Sees Large Growth in Short Interest

Dollarama Inc. (OTCMKTS:DLMAF) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 1,575,300 shares, an increase of 9.2% from the October 15th total of 1,442,800 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 630.1 days.

Dollarama Trading Up 0.5 %

Shares of DLMAF stock traded up $0.56 during trading hours on Friday, hitting $105.14. 21,082 shares of the company were exchanged, compared to its average volume of 23,971. The firm has a fifty day simple moving average of $102.52 and a 200 day simple moving average of $96.21. Dollarama has a 52-week low of $67.34 and a 52-week high of $109.74.

Dollarama Company Profile

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.