High Liner Foods Incorporated (OTCMKTS:HLNFF) Sees Significant Drop in Short Interest

High Liner Foods Incorporated (OTCMKTS:HLNFFGet Rating) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totalling 12,300 shares, a decrease of 19.6% from the June 30th total of 15,300 shares. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 5.6 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada dropped their price target on High Liner Foods from C$15.00 to C$13.00 in a research report on Thursday, May 12th.

High Liner Foods Stock Performance

Shares of High Liner Foods stock opened at $9.04 on Thursday. The business’s 50 day simple moving average is $9.27 and its 200-day simple moving average is $9.91. High Liner Foods has a twelve month low of $8.28 and a twelve month high of $12.07.

About High Liner Foods

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High Liner Foods Incorporated processes and markets prepared and packaged frozen seafood products in North America. The company provides a range of frozen seafood products, including raw fillets and shellfish, cooked shellfish; and value added products, which include sauced, glazed, breaded and battered seafood, seafood entrees, and breaded cheese sticks, including High Liner, Fisher Boy, Sea Cuisine, Catch of the Day, C.Wirthy & Co, High Liner Foodservice, Mirabel, Icelandic Seafood, and FPI brands.

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