Diversified Royalty Corp. (OTCMKTS:BEVFF) Sees Significant Decrease in Short Interest

Diversified Royalty Corp. (OTCMKTS:BEVFF - Get Free Report) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 543,800 shares, a decrease of 7.9% from the November 15th total of 590,300 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is currently 81.2 days.

Diversified Royalty Price Performance

Shares of Diversified Royalty stock traded down $0.09 during trading on Monday, reaching $2.02. The company's stock had a trading volume of 30,085 shares, compared to its average volume of 5,682. The business has a 50 day moving average price of $2.16 and a 200-day moving average price of $2.09. The company has a market capitalization of $335.20 million, a P/E ratio of 14.07 and a beta of 1.27. The company has a quick ratio of 4.28, a current ratio of 4.28 and a debt-to-equity ratio of 0.91. Diversified Royalty has a 12-month low of $1.84 and a 12-month high of $2.25.

About Diversified Royalty

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It owns the Sutton, Mr. Lube + Tires, AIR MILES, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, and BarBurrito trademarks.