Aritzia Inc. (OTCMKTS:ATZAF) Short Interest Update

Aritzia Inc. (OTCMKTS:ATZAFGet Rating) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 535,900 shares, an increase of 9.9% from the August 15th total of 487,700 shares. Based on an average daily volume of 4,300 shares, the short-interest ratio is currently 124.6 days.

Aritzia Stock Performance

Shares of Aritzia stock opened at $35.37 on Monday. The firm’s 50-day simple moving average is $32.38 and its 200-day simple moving average is $32.40. Aritzia has a 1 year low of $24.89 and a 1 year high of $49.33.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Royal Bank of Canada upped their price objective on shares of Aritzia from C$52.00 to C$53.00 in a research report on Wednesday, September 14th. BMO Capital Markets decreased their price objective on shares of Aritzia from C$61.00 to C$59.00 in a research report on Friday, July 8th. Finally, TD Securities decreased their price objective on shares of Aritzia from C$62.00 to C$55.00 in a research report on Thursday, June 30th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Aritzia has a consensus rating of “Moderate Buy” and a consensus target price of $56.63.

About Aritzia

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Aritzia Inc, together with its subsidiaries, designs and sells apparels and accessories for women in North America. It offers t-shirts and tops, bodysuits, shirts and blouses, sweaters, jumpsuits and rompers, shirt jackets, skirts, bodysuits, activeware, knitwear, sweatsuits, pants, denims, leggings, bike shorts, dresses, jackets, blazers, jackets and coats, and shoes, as well as accessories, including hats, socks, face masks, intimates, gloves and mittens, belts, scarves, scrunchies, bags, and iphone cases.

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