Short Interest in Dundee Corporation (OTCMKTS:DDEJF) Increases By 966.7%

Key Points

• Dundee Corporation's short interest increased by 966.7% in July, rising to 3,200 shares from 300 shares at the end of June.
• The company's shares opened at $2.05 on Friday, with a market capitalization of $183.31 million and a PE ratio of 3.66.
• Dundee reported an earnings per share (EPS) of $0.17 for its last quarter, with a revenue of $0.35 million.

Dundee Corporation (OTCMKTS:DDEJF - Get Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 3,200 shares, agrowthof966.7% from the June 30th total of 300 shares. Based on an average daily volume of 44,500 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 44,500 shares, the short-interest ratio is presently 0.1 days.

Dundee Stock Performance

Shares of Dundee stock traded up $0.04 during trading on Wednesday, hitting $2.14. 31,975 shares of the stock were exchanged, compared to its average volume of 29,876. Dundee has a 1-year low of $0.94 and a 1-year high of $2.24. The stock has a market capitalization of $191.36 million, a price-to-earnings ratio of 3.82 and a beta of 0.50. The company has a fifty day moving average price of $1.94 and a 200-day moving average price of $1.62. The company has a current ratio of 40.68, a quick ratio of 40.68 and a debt-to-equity ratio of 0.02.

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