Aritzia Inc. (OTCMKTS:ATZAF) Sees Large Increase in Short Interest

Aritzia Inc. (OTCMKTS:ATZAF) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 1,692,400 shares, an increase of 45.0% from the March 15th total of 1,167,000 shares. Based on an average trading volume of 41,900 shares, the short-interest ratio is currently 40.4 days.

Analysts Set New Price Targets

Separately, UBS Group reiterated a “buy” rating on shares of Aritzia in a research note on Wednesday.

Aritzia Stock Up 0.9 %

Shares of ATZAF opened at $30.39 on Friday. Aritzia has a twelve month low of $22.96 and a twelve month high of $52.25. The firm’s 50 day moving average price is $38.35 and its 200 day moving average price is $38.04.

About Aritzia

Aritzia Inc, together with its subsidiaries, designs and sells apparel and accessories for women in the United States and Canada. The company offers t-shirts and tops, sweaters, shirts and blouses, bodysuits, sweatshirts, blazers, jacket and coats, and dresses; pants, denim, leggings and bike shorts, sweatpants, skirts, shorts, sweatshorts, and jumpsuits and rompers; accessories, such as socks, hats, bags, scarves, belts, and intimates; swimwear; and shoes.