Dorel Industries Inc. (OTCMKTS:DIIBF) Short Interest Up 8.7% in August

Dorel Industries Inc. (OTCMKTS:DIIBF) was the recipient of a significant increase in short interest in August. As of August 15th, there was short interest totalling 94,800 shares, an increase of 8.7% from the July 31st total of 87,200 shares. Based on an average daily trading volume, of 23,700 shares, the short-interest ratio is currently 4.0 days.

Dorel Industries Stock Up 1.7 %

Shares of OTCMKTS DIIBF opened at $4.87 on Tuesday. The stock has a market cap of $158.55 million, a PE ratio of -3.27 and a beta of 2.75. The company has a current ratio of 1.45, a quick ratio of 0.67 and a debt-to-equity ratio of 1.69. Dorel Industries has a 12-month low of $3.29 and a 12-month high of $5.53. The company has a 50-day moving average of $4.98 and a 200 day moving average of $4.78.

Dorel Industries (OTCMKTS:DIIBF) last posted its quarterly earnings results on Friday, August 9th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.28). Dorel Industries had a negative net margin of 6.47% and a negative return on equity of 20.39%. The company had revenue of $348.08 million during the quarter.

About Dorel Industries

Dorel Industries Inc engages in the design, manufacture, sourcing, marketing, and distribution of home and juvenile products worldwide. The company operates through Dorel Home and Dorel Juvenile segments. The Dorel Home segment offers ready-to assemble furniture and home furnishings products, including metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.