Dorel Industries Inc. (OTCMKTS:DIIBF – Get Rating) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 1,481,300 shares, a drop of 6.8% from the January 31st total of 1,589,200 shares. Based on an average daily volume of 11,100 shares, the days-to-cover ratio is presently 133.5 days.
Dorel Industries Price Performance
Shares of DIIBF stock opened at $3.48 on Wednesday. Dorel Industries has a 1-year low of $3.34 and a 1-year high of $9.24. The stock's 50-day moving average is $3.99 and its 200 day moving average is $4.07. The company has a market cap of $113.23 million, a P/E ratio of 0.75 and a beta of 2.58. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.90 and a quick ratio of 0.72.
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Dorel Industries, Inc engages in the design, manufacture, and distribution of home products. It operates through the Dorel Home and Dorel Juvenile segments. The Dorel Home segment focuses on the design, sourcing, and sale of ready-to-assemble furniture and home furnishings, which includes metal folding furniture, futons, step stools, ladders, and other imported furniture items.
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