Dunelm Group (OTCMKTS:DNLMY) Short Interest Update

Dunelm Group (OTCMKTS:DNLMY) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 542 shares, a decline of 60.4% from the April 15th total of 1,367 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 635 shares, the short-interest ratio is presently 0.9 days.

Dunelm Group Price Performance

OTCMKTS:DNLMY remained flat at $9.40 during trading hours on Friday. 250 shares of the company were exchanged, compared to its average volume of 202. Dunelm Group has a 52 week low of $9.40 and a 52 week high of $17.25. The firm has a 50 day simple moving average of $11.25 and a 200 day simple moving average of $13.17.

Wall Street Analysts Forecast Growth

DNLMY has been the subject of a number of recent research reports. Jefferies Financial Group raised shares of Dunelm Group from a “hold” rating to a “strong-buy” rating in a research note on Sunday, February 8th. Zacks Research downgraded shares of Dunelm Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

About Dunelm Group

Dunelm Group plc is a UK‐based home furnishings retailer known for its extensive network of stores and growing online presence. Founded in 1979 in Leicester by Ron and David Garlick, the company has grown from a single market stall to become one of Britain’s leading specialists in home accessories, textiles and furniture. Headquartered in Syston, Leicestershire, Dunelm operates over 170 stores across England, Scotland, Wales and Northern Ireland, serving a broad customer base with a focus on value, quality and design.

The company’s product range spans soft furnishings such as bedding, curtains, blinds and cushions, as well as furniture items for living rooms, dining rooms and bedrooms.