Dundee Corporation (OTCMKTS:DDEJF) Shares Shorted: Short Interest Up 1,427.4% in September

Dundee Corporation (OTCMKTS:DDEJF) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 94,180 shares, an increase of 1,427.4% from the August 31st total of 6,166 shares. Based on an average daily volume of 117,772 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the shares of the stock are sold short.

Dundee Stock Down 0.3%

Shares of OTCMKTS DDEJF opened at $3.62 on Friday. Dundee has a 52-week low of $2.20 and a 52-week high of $4.09. The company’s 50-day simple moving average is $3.28 and its 200-day simple moving average is $2.99. The firm has a market cap of $325.69 million, a price-to-earnings ratio of 1.54 and a beta of 0.68.

Dundee (OTCMKTS:DDEJF) last released its earnings results on Tuesday, August 11th. The company reported ($0.22) EPS for the quarter. Dundee had a return on equity of 59.09% and a net margin of 2,751.15%.The business had revenue of $1.31 million during the quarter.

About Dundee

Dundee Corporation is a Canadian investment holding company that makes and manages long-term investments in businesses and assets, with a historical emphasis on natural resources, real estate and agriculture. Rather than operating as a traditional consumer or industrial company, Dundee provides shareholders with exposure to a diversified portfolio of investments.

The company has longstanding roots in Canada’s investment and mining sectors. Its activities have included investments in precious-metals exploration and production, resource development and other real assets, either directly or through affiliated companies and investment vehicles.