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

High Liner Foods Incorporated (OTCMKTS:HLNFFGet Rating) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 15,900 shares, a growth of 98.8% from the May 15th total of 8,000 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 53.0 days.

Several equities analysts have weighed in on HLNFF shares. Royal Bank of Canada dropped their target price on shares of High Liner Foods from C$15.00 to C$13.00 in a report on Thursday, May 12th. BMO Capital Markets dropped their target price on shares of High Liner Foods from C$18.00 to C$16.00 in a report on Thursday, March 3rd. Finally, Scotiabank dropped their target price on shares of High Liner Foods from C$15.50 to C$14.00 in a report on Thursday, February 24th.

Shares of OTCMKTS HLNFF opened at $9.52 on Monday. High Liner Foods has a 12 month low of $9.00 and a 12 month high of $12.07. The company has a 50-day simple moving average of $9.62 and a 200-day simple moving average of $10.46.

About High Liner Foods (Get Rating)

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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