Free Trial

Short Interest in Dominos Pizza UK (OTCMKTS:DPUKY) Grows By 1,633.3%

Dominos Pizza UK logo with Retail/Wholesale background

Key Points

  • Short interest in Domino's Pizza UK surged by an astonishing 1,633.3%, reaching a total of 36,400 shares as of September 30th, compared to just 2,100 shares two weeks prior.
  • Peel Hunt upgraded the stock to a "strong-buy" rating, though the consensus rating remains a "Moderate Buy" along with mixed analyst sentiments, including one Sell rating.
  • Domino's Pizza UK recently approved a share repurchase program, indicating the board's belief that the stock may be undervalued, while their dividend yield is reported at a high of 434.0%.
  • MarketBeat previews top five stocks to own in November.

Dominos Pizza UK (OTCMKTS:DPUKY - Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 36,400 shares, an increase of 1,633.3% from the September 15th total of 2,100 shares. Based on an average trading volume of 115,700 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 115,700 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt raised Dominos Pizza UK to a "strong-buy" rating in a research report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Get Our Latest Research Report on Dominos Pizza UK

Dominos Pizza UK Trading Down 0.4%

Dominos Pizza UK stock traded down $0.02 during midday trading on Thursday, reaching $5.05. 43,461 shares of the stock traded hands, compared to its average volume of 16,368. Dominos Pizza UK has a fifty-two week low of $5.00 and a fifty-two week high of $8.91. The firm has a fifty day moving average price of $5.49 and a two-hundred day moving average price of $6.52.

Dominos Pizza UK Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 14th. Stockholders of record on Monday, August 18th were paid a $0.0765 dividend. This represents a dividend yield of 434.0%. The ex-dividend date of this dividend was Friday, August 15th.

Dominos Pizza UK announced that its board has authorized a share repurchase program on Monday, September 1st that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

About Dominos Pizza UK

(Get Free Report)

Domino's Pizza Group plc owns, operates, and franchises Domino's Pizza stores. It operates stores in the United Kingdom and the Republic of Ireland, as well as leases its stores. The company was formerly known as Domino's Pizza UK & IRL plc and changed its name to Domino's Pizza Group plc in May 2012.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Dominos Pizza UK Right Now?

Before you consider Dominos Pizza UK, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dominos Pizza UK wasn't on the list.

While Dominos Pizza UK currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.