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Dundee Co. (OTCMKTS:DDEJF) Sees Large Drop in Short Interest

Dundee logo with Basic Materials background

Dundee Co. (OTCMKTS:DDEJF - Get Free Report) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 900 shares, a decrease of 78.0% from the May 15th total of 4,100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 21,800 shares, the days-to-cover ratio is presently 0.0 days.

Dundee Stock Down 2.3%

Shares of DDEJF stock traded down $0.04 during mid-day trading on Thursday, hitting $1.92. 171,407 shares of the stock traded hands, compared to its average volume of 28,928. The stock has a market cap of $171.62 million, a P/E ratio of 3.84 and a beta of 0.46. The stock's fifty day moving average is $1.56 and its two-hundred day moving average is $1.36. Dundee has a 52-week low of $0.82 and a 52-week high of $1.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 36.87 and a quick ratio of 36.87.

Dundee (OTCMKTS:DDEJF - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported $0.17 EPS for the quarter. The company had revenue of $0.35 million during the quarter.

About Dundee

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Dundee Corporation is a publicly owned investment manager. Through its operating subsidiaries, the firm is engaged in diverse business activities in the areas of investment advisory, corporate finance, energy, resources, agriculture, real estate and infrastructure. The Corporation also holds, directly and indirectly, a portfolio of investments mostly in these key areas, as well as other select investments in both publicly listed and private enterprises.

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