Dundee Corporation (OTCMKTS:DDEJF) Sees Significant Increase in Short Interest

Key Points

• Dundee Corporation experienced a significant increase in short interest, rising by 65.6% in July, from 3,200 to 5,300 shares.
• The company's current stock price is $2.37, reflecting a trading downturn of 0.8%, while it has a market capitalization of approximately $211.93 million.
• For its latest quarter, Dundee reported $0.14 earnings per share and revenue of $0.55 million.

Dundee Corporation (OTCMKTS:DDEJF - Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 5,300 shares, anincreaseof65.6% from the July 15th total of 3,200 shares. Approximately0.0% of the company's shares are short sold. Based on an average trading volume of 59,300 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 59,300 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the company's shares are short sold.

Dundee Trading Up 2.4%

Shares of Dundee stock traded up $0.0520 during trading on Friday, hitting $2.1920. The stock had a trading volume of 63,686 shares, compared to its average volume of 37,835. The company has a market capitalization of $196.01 million, a PE ratio of 7.31 and a beta of 0.50. The company has a quick ratio of 40.68, a current ratio of 40.68 and a debt-to-equity ratio of 0.02. The stock has a 50 day simple moving average of $2.07 and a 200 day simple moving average of $1.71. Dundee has a 1 year low of $0.9586 and a 1 year high of $2.43.

Dundee (OTCMKTS:DDEJF - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $0.55 million for the quarter.

Dundee Company Profile

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.