Waterloo Brewing Ltd. (OTCMKTS:BIBLF) Short Interest Update

Waterloo Brewing Ltd. (OTCMKTS:BIBLFGet Rating) was the recipient of a large decrease in short interest during the month of December. As of December 30th, there was short interest totalling 1,300 shares, a decrease of 7.1% from the December 15th total of 1,400 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 1.6 days.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their price objective on shares of Waterloo Brewing from C$5.25 to C$5.50 and gave the stock a “buy” rating in a report on Monday, September 26th.

Waterloo Brewing Stock Performance

BIBLF opened at $2.96 on Tuesday. The stock has a 50-day moving average price of $2.78 and a 200-day moving average price of $2.99. Waterloo Brewing has a 12-month low of $2.60 and a 12-month high of $4.50.

About Waterloo Brewing

(Get Rating)

Waterloo Brewing Ltd. engages in the production, distribution, and sale of alcohol-based products. It produces, sells, markets, and distributes bottled, canned, and draft premium beer under the Waterloo brand name; and value beer under the Laker and Red Cap brands. The company also produces, sells, and markets vodka-based coolers and ciders under the Seagram trademark; beer under the LandShark brand name; and coolers under the Margaritaville trademark.

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