George Weston Limited (OTCMKTS:WNGRF) Sees Large Drop in Short Interest

George Weston Limited (OTCMKTS:WNGRF) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 280,600 shares, a decline of 40.9% from the September 15th total of 474,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 2,806.0 days.

George Weston Stock Up 0.1 %

WNGRF opened at $162.09 on Friday. The company has a market cap of $21.24 billion, a P/E ratio of 24.86 and a beta of 0.57. The business’s 50-day moving average price is $161.13 and its 200-day moving average price is $147.71. The company has a current ratio of 1.26, a quick ratio of 0.72 and a debt-to-equity ratio of 0.96. George Weston has a 12 month low of $100.11 and a 12 month high of $167.55.

George Weston (OTCMKTS:WNGRF) last announced its quarterly earnings results on Tuesday, July 30th. The company reported $2.14 earnings per share (EPS) for the quarter. George Weston had a return on equity of 11.44% and a net margin of 2.04%. The company had revenue of $10.30 billion for the quarter.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.