Dometic Gp (OTCMKTS:DTCGF) Sees Significant Decline in Short Interest

Dometic Gp (OTCMKTS:DTCGF) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 319,057 shares, a drop of 45.6% from the July 30th total of 586,089 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Dometic Gp Price Performance

OTCMKTS:DTCGF remained flat at $2.50 during trading hours on Monday. The company’s stock had a trading volume of 500 shares, compared to its average volume of 1,650. The firm has a market cap of $798.75 million, a price-to-earnings ratio of 22.73 and a beta of 0.91. The business has a 50 day simple moving average of $2.83 and a 200-day simple moving average of $3.18. Dometic Gp has a 52-week low of $2.50 and a 52-week high of $5.45. The company has a quick ratio of 0.97, a current ratio of 1.65 and a debt-to-equity ratio of 0.51.

Dometic Gp (OTCMKTS:DTCGF) last posted its earnings results on Tuesday, July 14th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $637.14 million for the quarter. Dometic Gp had a net margin of 1.55% and a return on equity of 3.43%.

About Dometic Gp

Dometic Group AB (publ), together with its subsidiaries, provides solutions for mobile living in the areas of food and beverage, climate, power and control, safety and security, and hygiene and sanitation in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers climate control products, such as air conditioners, awnings, blinds, windows and doors, ventilation products, furnaces, and patio rooms and tents for recreational vehicles, boats, and trucks; food and beverage products, including refrigerators, coolers, stoves, ovens, microwaves, and coffee machines; and safety and security products comprising safety doors, alarms, safes, and gas detectors, as well as driving support accessories.