Dunelm Group (OTCMKTS:DNLMY) Short Interest Update

Key Points

• Dunelm Group experienced a 22.2% decrease in short interest in August, with total short interest falling to 2,100 shares as of August 31st.
• Royal Bank of Canada has dropped Dunelm Group's rating from "moderate buy" to "hold", although the stock still has an average rating of "Buy" from analysts.
• The stock price opened at $15.89, with a 52-week range between $12.04 and $17.25, reflecting its current market performance.

Dunelm Group (OTCMKTS:DNLMY - Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 2,100 shares, a drop of 22.2% from the August 15th total of 2,700 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 200 shares, the short-interest ratio is presently 10.5 days. Based on an average daily volume of 200 shares, the short-interest ratio is presently 10.5 days. Currently, 0.0% of the company's stock are short sold.

Dunelm Group Stock Performance

Shares of OTCMKTS:DNLMY remained flat at $15.89 during trading on Friday. The business has a 50-day moving average of $15.90 and a 200-day moving average of $15.80. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.87 and a quick ratio of 0.26. Dunelm Group has a twelve month low of $12.04 and a twelve month high of $17.25.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada downgraded shares of Dunelm Group from a "moderate buy" rating to a "hold" rating in a research report on Monday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Dunelm Group currently has a consensus rating of "Buy".

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.