Dollarama Inc. (OTCMKTS:DLMAF) Short Interest Up 81.7% in November

Dollarama Inc. (OTCMKTS:DLMAF) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 2,862,600 shares, a growth of 81.7% from the October 31st total of 1,575,300 shares. Based on an average trading volume of 26,900 shares, the short-interest ratio is presently 106.4 days.

Dollarama Price Performance

Shares of DLMAF stock traded up $1.77 on Friday, reaching $104.17. 1,357 shares of the company’s stock were exchanged, compared to its average volume of 24,221. The company’s fifty day simple moving average is $103.70 and its 200 day simple moving average is $97.38. 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.