Sears Canada Inc. (NASDAQ:SRSC) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 750,771 shares, a growth of 31.1% from the August 31st total of 572,721 shares. Based on an average daily volume of 51,311 shares, the days-to-cover ratio is presently 14.6 days. Currently, 1.1% of the shares of the stock are sold short.
Sears Canada (NASDAQ:SRSC) opened at 2.30 on Friday. The company’s market cap is $234.32 million. The firm’s 50-day moving average is $2.57 and its 200 day moving average is $2.89. Sears Canada has a 52-week low of $2.26 and a 52-week high of $8.55.
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