Short Interest in Dunelm Group plc (OTCMKTS:DNLMY) Rises By 66.7%

Dunelm Group plc (OTCMKTS:DNLMY – Get Rating) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 500 shares, a growth of 66.7% from the March 15th total of 300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 5.0 days.

DNLMY stock remained flat at $$13.71 during mid-day trading on Friday. The business has a fifty day simple moving average of $15.59 and a 200 day simple moving average of $17.51. Dunelm Group has a 12-month low of $13.20 and a 12-month high of $21.26.

The firm also recently announced a dividend, which will be paid on Monday, April 25th. Stockholders of record on Friday, March 18th will be given a dividend of $0.1674 per share. This represents a dividend yield of 12.33%. The ex-dividend date is Thursday, March 17th.

A number of equities analysts recently commented on DNLMY shares. JPMorgan Chase & Co. raised their target price on Dunelm Group from GBX 1,300 ($16.94) to GBX 1,400 ($18.24) in a report on Friday, January 14th. Zacks Investment Research cut Dunelm Group from a “hold” rating to a “sell” rating in a report on Tuesday.

About Dunelm Group (Get Rating)

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture for bedroom, living room, dining room, and office; sofas and chairs; bean bags; bed frames, mattresses, storage beds, divan bases, and headboards, as well as kids beds; and bedding products, such as bed linens, duvets, pillows, mattress toppers, protectors, and baby and kids beddings.

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