Categories: PETS

Pet Valu Holdings Ltd. (OTCMKTS:PTVLF) Sees Significant Growth in Short Interest

Pet Valu Holdings Ltd. (OTCMKTS:PTVLF – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 148,000 shares, an increase of 45.1% from the August 31st total of 102,000 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 211.4 days.

Analyst Upgrades and Downgrades

PTVLF has been the topic of several recent analyst reports. National Bank Financial decreased their price target on Pet Valu from C$41.00 to C$36.00 in a research note on Wednesday, August 9th. TD Securities reduced their price objective on Pet Valu from C$45.00 to C$41.00 in a research note on Wednesday, August 9th. Stifel Nicolaus reduced their price objective on Pet Valu from C$42.00 to C$38.00 in a research note on Wednesday, August 9th. CIBC cut their price target on Pet Valu from C$44.00 to C$36.00 in a research note on Wednesday, August 9th. Finally, Barclays cut their price target on Pet Valu from C$41.00 to C$35.00 in a research note on Wednesday, August 9th.

Check Out Our Latest Analysis on PTVLF

Pet Valu Price Performance

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Shares of PTVLF remained flat at $24.65 during trading hours on Friday. The stock had a trading volume of 7,775 shares, compared to its average volume of 16,250. Pet Valu has a twelve month low of $24.65 and a twelve month high of $27.28. The stock has a fifty day moving average price of $24.64.

About Pet Valu

(Get Free Report)

Pet Valu Holdings Ltd. engages in the retail and wholesale of pet foods, treats, toys, apparel, and accessories in Canada. The company offers its products for dogs, cats, fish, birds, reptiles, and small pets. It also provides bones and chews, collars and leashes, fleas and ticks, health and wellness, pet cages and carriers, dog and cat toys, litters and accessories, crates, pens and gates, wild bird products, and other pet-related accessories; and grooming and adoption services for pets, as well as operates dog-wash stations.