Dr. Martens plc (OTCMKTS:DOCMF) Sees Significant Decline in Short Interest

Dr. Martens plc (OTCMKTS:DOCMF) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 203,300 shares, a decline of 6.1% from the December 31st total of 216,600 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 84.7 days.

Dr. Martens Stock Performance

DOCMF stock traded up $0.00 during trading hours on Monday, reaching $0.90. The stock had a trading volume of 1,510 shares, compared to its average volume of 14,716. The stock has a 50-day simple moving average of $0.89 and a 200 day simple moving average of $0.84. Dr. Martens has a fifty-two week low of $0.69 and a fifty-two week high of $1.25.

Dr. Martens Company Profile

Dr. Martens plc designs, develops, procures, markets, sells, and distributes footwear in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It offers originals, fusion, kids, and casual, as well as accessories. The company offers its products under the Dr. Martens brand name. Dr. Martens plc was founded in 1945 and is based in London, the United Kingdom.