Dometic Gp (OTCMKTS:DTCGF) Sees Large Drop in Short Interest

Dometic Gp (OTCMKTS:DTCGF) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 112,832 shares, a drop of 57.8% from the September 15th total of 267,119 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Currently, 0.0% of the shares of the stock are sold short.

Dometic Gp Stock Performance

Shares of DTCGF remained flat at $2.00 during midday trading on Thursday. Dometic Gp has a 1-year low of $2.00 and a 1-year high of $5.23. The company has a quick ratio of 0.97, a current ratio of 1.65 and a debt-to-equity ratio of 0.51. The stock has a 50-day moving average of $2.46 and a 200-day moving average of $2.86. The stock has a market cap of $639 million, a P/E ratio of 18.18 and a beta of 0.93.

Dometic Gp (OTCMKTS:DTCGF) last announced 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 during the quarter. Dometic Gp had a return on equity of 3.43% and a net margin of 1.55%.

About Dometic Gp

Dometic Group AB is a Sweden-based company that develops products and solutions for mobile living. Its offerings are designed for recreational vehicles, boats, trucks, outdoor activities and other applications where people need comfort, food and beverage storage, sanitation, climate control and power away from traditional infrastructure.

The company’s product portfolio includes mobile refrigerators and freezers, air conditioners and ventilation systems, cooking equipment, awnings, sanitation products, toilets, water systems, power-management solutions and accessories.