Sears Canada Inc. (SRSC) Short Interest Update
Sears Canada Inc. (NASDAQ:SRSC) (TSE:SCC) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 517,144 shares, a drop of 21.7% from the October 14th total of 660,473 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 35,606 shares, the days-to-cover ratio is presently 14.5 days.
Shares of Sears Canada (NASDAQ:SRSC) opened at 1.60 on Friday. The firm’s market capitalization is $163.00 million. The company’s 50-day moving average price is $2.02 and its 200-day moving average price is $2.67. Sears Canada has a 52-week low of $1.55 and a 52-week high of $8.48.
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