Sears Canada Inc. (SRSC) Short Interest Update
Sears Canada Inc. (NASDAQ:SRSC) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 750,771 shares, a growth of 31.1% from the August 31st total of 572,721 shares. Currently, 1.1% of the company’s stock are sold short. Based on an average daily trading volume, of 51,311 shares, the days-to-cover ratio is presently 14.6 days.
Sears Canada (NASDAQ:SRSC) opened at 2.48 on Friday. The stock’s 50 day moving average price is $2.63 and its 200-day moving average price is $2.90. The company’s market cap is $252.65 million. Sears Canada has a 52-week low of $2.30 and a 52-week high of $8.55.
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