Short Interest in George Weston Limited (OTCMKTS:WNGRF) Drops By 33.7%

George Weston Limited (OTCMKTS:WNGRF - Get Free Report) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 128,200 shares, a decline of 33.7% from the December 31st total of 193,400 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 427.3 days.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on WNGRF shares. Scotiabank upgraded George Weston from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 8th. Cibc World Mkts raised George Weston to a "strong-buy" rating in a research note on Wednesday, November 20th.

George Weston Stock Up 1.1 %

Shares of OTCMKTS:WNGRF traded up $1.74 during midday trading on Tuesday, reaching $154.06. 3,153 shares of the company were exchanged, compared to its average volume of 445. The firm has a market cap of $20.03 billion, a PE ratio of 46.83 and a beta of 0.57. The company has a quick ratio of 0.77, a current ratio of 1.32 and a debt-to-equity ratio of 1.08. George Weston has a fifty-two week low of $124.99 and a fifty-two week high of $167.55. The stock has a fifty day simple moving average of $157.11 and a two-hundred day simple moving average of $159.04.

George Weston Company Profile

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.